Dean Foods To Cut 350 to 400 Positions
"The cost reduction strategy we have been pursuing is our single most important area of focus," said company CEO Gregg Engles. "We have discussed goals of $90 million in cost savings in 2010 and $300 million over three to five years. It's now clear that we have to be much more aggressive in both the timing and magnitude of our efforts."
Dean Foods is seeking to boost efficiency in its production, distribution, sales, and administrative sectors.
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