“This decision continues the ongoing work to ensure our manufacturing network is optimized to mitigate costs and reduce complexity in support of the execution of our sweet baked snacks strategy, which is focused on stabilizing the Hostess business and positioning it for long-term growth,” said Judd Freitag, senior vice president and general manager of Pet and Sweet Baked Snacks for J.M. Smucker.
That's how having a business degree "helps" - by adding layer upon layer of obfuscation. Instead of just saying "Yeah we're shutting down our high cost facilities", they issue long-winded whargarbl crap like the above and pay a bloated 6 figure salary to their executive vice president for public relations with the Harvard MBA.
(post is archived)