Kellogg says they will take a hit to profit as workers continue to strike
Kellogg workers continue to strike at the company's U.S. cereal plants after rejecting a revised offer on Wednesday. Kellogg has brought in temporary hires but is not operating at full capacity. A union representative said that members are not willing to take concessions while Kellogg is cashing in on economic growth. Kellogg denies these claims and warns that supply issues and the workers strike could cause a large dent in their annual profit.
See "Kellogg says they will take a hit to profit as workers continue to strike", Praveen Paramasivam and Deborah Mary Sophia, Reuters, November 4, 2021