Kraft makes staffing cuts, realigns sales as it prepares to split in two
Dairy Foods' 2011 Processor of the Year Kraft Foods announced several moves on Jan. 17 that it says will "help ensure its North America-based snacks and grocery businesses are well-positioned to become two independent public companies before the end of 2012."
Kraft is the largest cheese processor based in the United States, with annual sales of about $4 billion, according to the Dairy 100, Dairy Foods' annual ranking of North America's largest dairy processors.