company behind 'cheetos' files for bankruptcy is a major layoff coming
H-Food Holdings LLC, the parent company of contract manufacturer Herthside Food Solutions, has filed for Chapter 11 bankruptcy protection. The latter produces some of the most popular snack products, such as bars, meal kits, baked goods and packaged foods.
Herthside Food Solutions is responsible for the manufacturing of a broad range of items for major brands, including Kellogg’s Oats, PepsiCo’s Lays and Quaker Oats, Kraft Foods’ Jell-O, and other popular products like Cheetos.
Despite its parent company filing for bankruptcy due to legal and financial problems, the contract manufacturer plans to continue its operations, including paying employee salaries and benefits, maintaining customer programmes and honouring obligations.Herthside Food Solutions’s bankruptcy filing is the latest chapter in the prominent snack manufacturer’s tumultuous history. In 2023, the company faced intense scrutiny related to child labour allegations at its factories.
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