CINCINNATI -- In a major restructuring, Gibson Greetings here announced it will lay off approximately 480 employees, including hourly and production supervisors, and office and administrative workers, by early 1999. $30 to $35 million over the next few years in upgrading its existing management information systems. Gibson expects these changes to generate savings of approximately $10 million annually by the year 2000 and be accretive to earnings beginning in 1999 while also improving the ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.