McCormick is cutting jobs, starting with ‘voluntary’ retirement followed by ‘involuntary’ layoffs
McCormick & Co. Inc. reported quarterly results Thursday that disappointed investors again, and said it was laying off employees as part of a plan to cut costs by about $125 million a year and remove inefficiencies in its supply chain. The seasonings, spices and condiments company MKC, -5.36% also provided a downbeat earnings outlook for … Read more