Illinois politicians have hit their citizens with a $5 billion, 32 percent tax increase. Don't give a damn that your employees are getting hosed every day, do you Sean? But hey. Your bonuses are great aren't they?
Layoffs
Any word on new layoffs?
Shares fall
And with Sean's BS shares fall 3.5 percent.
Great bonus payouts again!
Bonus payouts are at 122% this year. How long do you think this will last?
Illinois is starving state colleges and universities!
Illinois is starving state colleges and universities - CNN Money https://apple.news/AVrf18I8sTJu_LymMWVmtiw
How Illinois became American's most messed-up state.
How Illinois became America's most messed-up state - CNN Money https://apple.news/Ahy8v9VMLSZ2HJGTe8bNmFQ
CBAD
Since sales for CBAD went up rumors have it that the Chef is on the block to be sold to whoever Sean thinks is stupid enough to pay too much for it.
Stock repurchases
So our great leaders increase stock value by forcing the employees to sell their stock back to Seanagra . So much valuing your employees vwhat a joke.
Decline in Sales
Analysts covering Conagra expect the company to post sales of $1.9 Billion in fiscal 4Q17, which would be a fall of 34% YoY ( year-over-year). Worried yet Sean or are you still drinking the purple kool-aid?
Could Illinois be the first state to go bankrupt?
Read it here. http://www.thefiscaltimes.com/2017/06/12/Could-Illinois-Be-First-State-Go-Bankrupt Way to go Sean.
Wesson Sale
I note they sold the BRAND not the Memphis Refinery. So they will layoff the entire workforce at Memphis. If I worked at Memphis I would find a new job as soon as possible since you will have no idea when they will eliminate your job. Another job... — read more
Trying to hide the Chef?
http://www.omaha.com/opinion/the-public-pulse-taking-his-ladle-to-a-new-locale/article_4abb0550-52e6-11e7-b7cd-7f21d5935eb1.html
A special kind of stupid
Just like Rodkin Sean tries to once again buy a company he failed to purchase the first time around. That being Pinnacle Foods. Although Sean failed this time, it takes a special kind of stupid to try the same thing all over again. But we already... — read more
That is three recalls!
Conagra Brands is recalling approximately 700,125 pounds of spaghetti and meatball products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service announced Staurday. The products contain... — read more
Brilliant Move by Sean
Moves to America's Failing State! http://www.politico.com/story/2017/06/10/illinois-debt-deficit-budget-election-239384 llinois has compiled $14.6 billion in unpaid bills. It’s running a deficit of $6 billion and its pension liability has soared to... — read more
Milton PA.
Verified in the media. Up to 150 third shift workers will lose their jobs this year at Milton. Sales must be tanking for CBAD. Anyone surprised??
Sean CONnolly Report Card 2017
Só far this year 2017 S&P 500 up 8% Pinnacle Foods up 24% Conagra Brands up 0.9% By any measurement Sean CONnolly's Leadership has been an abject failure. Maybe Pinnacle Foods should make an offer for ConAgra!
ConAgra buying Pinnacle Foods
According to news reports ConAgra is looking at purchasing Pinnacle foods in an panicked attempt to boost falling sales that are now firmly in negative territory. This is sure to result in significant headcount reduction ( a polite way of saying get... — read more
6/1/17 Layoffs
Every location in the conga empire will feel the pain and some locations will be closed as we were told at chef Boyardee in Milton. We were told there will be 140 hr and 20 salary layoffs in the next few months as the next phase of savings kicks in... — read more
Bye Bye Wesson
The first of the core Brands, Wesson, is being sold to Smucker's. Any word on the number of people being laid off? And which Brand is next?
Summef
Enjoy your "Summer Hours". It maybe the last one.
ConAgra reduces it's Illinois employees by half.
http://www.chicagotribune.com/business/ct-conagra-tax-credits-0521-biz-20170520-story.html How nice Sean!
Stock still going to continue to drop.
ConAgra Foods Inc lies in the middle of a weak falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.5% during the next 3 months and, with 90% probability... — read more
firings 5.15
can anyone post update on the layoffs that are occurring today? have heard it includes high up mgmt. in brand.
grocery shopping, bought contanida stewed tomotoes, del monte tomato paste
Since cag moved to chicago, have not bought a single cag product.
One more Recall!
http://www.3newsnow.com/news/national/banquet-chicken-nugget-meals-recalled Another National Recall. How is that gutting your your Food Safety Team working out for you Sean?
Sean CONnolly.... Delusional to the very end.
Starting this summer, Connolly expects sales to start to grow again, and in 2019 and 2020, investors can expect growth to accelerate, which will have all the more impact on profits because the company has cut costs, he says.
Frozen platform changes
There are rumors of sales of frozen brands and possible plant closures.
Conagra Fresno, CA Layoffs
70+ laid off. Source: http://www.edd.ca.gov/jobs_and_training/warn/WARN-Report-for-7-1-2016-to-03-25-2017.pdf
Moving to Chicago was the best thing for ConAgra according to Sean Connally. LOL
The financial footing and credit ratings for the nation’s third-largest city (Chicago) have slipped precipitously as its unfunded pension liabilities grew to $33.8 billion for Chicago’s four retirement systems in the most recent accounting. Way to go... — read more
The Death Spiral Continues
http://www.omaha.com/money/despite-continued-sales-slump-conagra-executives-say-turnaround-plan-is/article_2c7b8252-8594-59f4-a2a8-a1a7ad5403d5.html
Mass layoff at Chef Boyardee.
Word in the area of Milton pa that mass layoff at the chef plant due to brand failure ,anyone have any info on this? Be a shame, 80yr brand destroyed by Conagra if true.
Anyone still waiting on the pension check
My is for a very small amount
Kraft to buy Unilever, layoffs to follow
2017 will be an interesting year - they already have a thread on this topic: @LUWmHv5 or www.thelayoff.com/t/LUWmHv5
ConAgra Frozen Products
At my local grocery store I have noticed ConAgra Frozen Products lines with incredible discounts. Even their premium products. What is going on?
Layoffs
I have been told the ConAgra has been laying off individuals one at a time to avoid any required public notice. Any truth to this?
Stock Buy Back
Ethical and honest corporations can increase their stock value by buying back stock on the open market. Dishonest, corrupt and unethical corporations, like ConAgra under Sean CONnolly,, do it by forcing their loyal employees to sell back their CRISP... — read more
Horrible place and company to work for.
People getting hurt due to job combining and nobody cares. Being discriminated against when you call out mgmt. on company violations and now harassment when they get heat from corporate. A layoff would be a gift at this point. Nobody believes in the... — read more
Layoffs
I have heard reports of additional layoffs in December Any truth to that?
Move to Chicago
Ever wonder what the real reason for the move to Chicago? In Omaha, with its smaller corporate base the CEO could sneeze and it would make front page news. In Chicago,with its large corporate base and a very corrupt city and state, ConAgra can do any... — read more