Thread regarding ConAgra Foods Inc. layoffs

This Company Has Always S---ed

I worked at CAG during the 1990 and 2000s. Most of the brands were 2nd in their category or also-rans. There were years in the early 2000s when the only reason the company was profitable was because of the commodity trading unit which is now long-gone.

Taking the approx. $2.5 Bn. gained from the sale of the commodity unit to buy a generic food maker was brilliant. This company is in such a hole I don't think anything other than a takeover can save it in the long run.

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Post ID: @OP+13vS6iiv

2 replies (most recent on top)

i worked there from 1992 until 2016, computer geek, id–ts got promoted, Xidakas comes to mind.

Post ID: @5Dhqb+13vS6iiv

I will second the original opinion. This company can't get its act together.

Post ID: @pbad+13vS6iiv

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