Dole’s California layoffs 2018: 140 job cuts by mid-January
The Dole Layoffs in 2018 come at a time of transition for the produce company. These are the third round of layoffs in six months, seeking to reduce its costs. Meanwhile, the Dole job cuts in 2018 arrive at the same time the company is looking to take itself public once again after withdrawing from the stock market in 2013.
According to an americaclosed.com article, while the company looks to make its initial public offering, Belgium-based Greenyard Foods NV announced in late December that it was in talks to purchase Dole. The state of flux that Dole finds itself in has led to massive land sell-offs, as well as the newly announced Dole layoffs in 2018.