Sara Lee to Cut 4,175 Apparel Jobs, Close Five Plants

[UpInArms]

http://quote.bloomberg.com/apps/news?pid=10000103&sid=aTKphZEmKtfE&refer=news_index

June 10 (Bloomberg) -- Sara Lee Corp., the largest U.S. underwear maker, said it will cut about 4,175 jobs from its branded apparel unit and close five plants.

The company is consolidating intimate, sportswear and underwear production in Puerto Rico, Honduras, Mexico and the U.S., Sara Lee said in a press release e-mailed to Bloomberg News. About 350 jobs will be eliminated in North Carolina, while the other cuts will affect workers outside the U.S.

The company, whose brands include Hanes, Champion and Wonderbra, cited changing production requirements and apparel trade restrictions set to expire at the end of the year.

...a bit more...

[LittleApple81]

1. I thought they made cakes and confections. If it is the same company,

I know now what they put inside their Wonderbras.

[PartyPooper]

3. LOL. I thought the same thing!

[benburch]

2. Weird...

When I hear Sara Lee, all I can think of is coffee cake.

[shraby]

4. Words of a large company.....

what a tangled web we weave.....

[WildClarySage]

5. That's 4175 people

who probably don't like Sara Lee.

[Gin]

6. edible underwear?

g

[Voltaire99]

10. Heh, nice one. (n/t)

[SoCalDem]

7. Eeew.. underpants & coffeecakes.. what a combination

Maybe Sara should have stuck to the baking, and let the fruit of the loom people handle the undies :)

[Yavin4]

8. Now We Know Where Yeast Infections Come From

Sorry, couldn't resist.

[Tight_rope]

9. Damn...when did they stop making pies and start making drawers!

Well so much for the jobs created. Back to square one Dubya