OMAHA, Neb. (AP) — ConAgra Foods' chief executive says employees will learn next week about upcoming changes, including likely jobs cuts and a shuffling of operations that could boost the company's presence in Chicago and lower it in Omaha.
CEO Sean Connolly said Friday that Omaha will continue to play a sizable role for the company. The company has around 3,000 employees at the headquarters campus in Omaha, in Lincoln and across the Missouri River in Council Bluffs, Iowa.
The Omaha World-Herald reports that Connolly is in Omaha for a shareholders meeting.
On Tuesday, ConAgra reported a fiscal first-quarter loss of $1.2 billion, or $2.85 a share. Connolly told the World-Herald that day that the company had to be willing to embrace change in order to cut expenses and improve performance.
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