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Martin Moylan
St. Paul, Minn.

General Mills plans another 800 job cuts, mainly in US

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General Mills says it is cutting 700 to 800 positions, primarily in the United States. The cuts are in addition to some 700 the company announced earlier this month.

In a regulatory filing, the company says that the new reductions should save as much as $150 million a year. This action will hit people engaged in marketing, finance, human resources and other corporate functions across the country.

The company, which has about 43,000 workers worldwide, says affected employees will learn by February if they'll be let go.

General Mills did not say how many Minnesota employees could be affected.

The packaged foods industry has been struggling lately with stiff competition and consumers holding back on spending.