Dozens of laid off as Krispy Kreme expands globally

Dozens of laid off as Krispy Kreme expands globally

Dozens of laid off as Krispy Kreme expands globally

According to the company, the jobs have been eliminated as the company prepares to open new offices in Charlotte and London.

We have spoken with our employees for several months about the journey that Krispy Kreme Doughnuts is on to transform into a global company that delivers joy around the world to every guest in every community shop.

News of layoffs at Krispy Kreme comes a year after the company sold itself for $1.35 billion to JAB Beech, a Luxembourg-based investment firm that also owns Keurig Green Mountain, Peet's Coffee & Tea and Caribou Coffee. The company said it will focus on areas such as digital evolution, consumer convenience and product innovation.

LA fire reaches Rupert Murdoch's estate, threatens other stars' homes
According to the real estate news site Curbed , Murdoch's home was valued at close to $30 million when he purchased it. The fire had reached 150 acres by 9:40 a.m. but was expected to grow due to gusting, 25-mph Santa Ana winds.

Effected employees will be getting severance, bonuses, health and outplacement benefits. We told employees that as we chart our path forward, we know that the structure we have today is not the structure we will need to accomplish this ambitious mission.

Krispy Kreme will continue to operate the mix plant and equipment manufacturing businesses in Winston-Salem and they say while a majority of Winston-Salem employees will remain in the area, some will be asked to move to new locations.

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