Brenda Barnes, CEO Sara Lee To Cut 700 Jobs

Chief Executive Brenda Barnes of Sara Lee is shedding 700 jobs
through outsourcing in hopes of saving the company over $200 million through the next three years.

In a statement, Barnes said, "In addition to the cost savings, business process outsourcing will help Sara Lee further drive standardization, increase efficiency and provide flexibility."

With about 44,000 employees worldwide, Sara Lee will be moving parts of its North American and European finance and global information services groups as well as its global indirect procurement activities.

The changes will be completed within three years and begin this fiscal year.


Source: postchronicle.com