Women’s Wear Daily
04.19.2014
financial
financial

Sara Lee to Cut 6% of Jobs, Take $495 Million Charge

NEW YORK -- Sara Lee Corp. will take a $495 million after-tax restructuring charge in the fourth quarter ending July 2, mainly to cut production in its lagging U.S. and European hosiery and fleecewear businesses.The action will cut 8,000 to...

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