General Mills Cuts G-Works Innovation Team Jobs
SOURCENews reportView the filing ↗
What we know
Location: Minneapolis, Minnesota, USA.
Department affected: G-Works innovation team.
Based on news reporting.
Summary
General Mills, Inc. has announced the layoff of 100 employees from its G-Works innovation team, effective October 10, 2023. This decision is part of a strategic shift as the company pauses investments in its 301 Inc. venture capital arm. The layoffs reflect a broader effort to streamline operations and focus on core business areas. The affected team was responsible for developing new products and innovations, and the cuts are expected to impact the company's ability to launch new initiatives in the near future. General Mills aims to reallocate resources to strengthen its primary business segments.
LayoffTalk has tracked 7 layoff events at General Mills, Inc. since October 2023, with 7 additional events known from news reporting.
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