OMAHA, Neb. (AP) — Omaha leaders who say they went to bat for ConAgra with tax breaks and other incentives years ago say they’re disappointed the company is moving its headquarters to Chicago. About 1,000 people will lose their jobs in Omaha and roughly 300 Omaha jobs will move to Chicago.
The company will keep 1,200 workers in Omaha. ConAgra is cutting a total of about 1,500 jobs, or approximately 30 percent of its global, office-based workforce.
The company said the job cuts exclude plant positions and do not include any impact from the planned sale of its private label operations. It anticipates about $345 million in one-time charges over the next two to three years related to the restructuring.
ConAgra Foods Inc. said Thursday that its plans should result in about $200 million in cost savings, with most of that realized in fiscal 2018. The company said the savings are in addition to approximately $150 million in cost cuts over the last two years.