Sara Lee confirms the elimination of 273 Earth City jobs
Written on June 23, 2009
The Sara Lee Corp. confirmed Monday the loss of 273 jobs that provide information technology and financial services to the international food, home and personal care conglomerate from a facility in Earth City.
In late 2008, Sara Lee announced a three-year cost-cutting initiative that would eliminate 700 positions in its North American and European Finance divisions as well as its Global Information Services.
The company estimated the outsourced jobs could lead to savings of $200 million to $250 million. The layoffs in Earth City began June 1 and will continue until May 1, 2010.
In anticipation of the work force reduction, Sara Lee spokesman Mike Cummins said the company nine months ago began offering additional software training aimed at improving the marketability of the Earth City employees cheap cash advance.
The company will also provide the employees with a severance, services to bolster r
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