SunOpta to restructure some units, cut 6 pct jobs | Reuters

SunOpta Inc said it will restructure some of its underperforming segments and cut about 6 percent of its workforce.

The Toronto-based organic food processor said it will shut down its fruit segment and create a new consumer products group to focus on non-grains based consumer packaged goods.

SunOpta expects to incur severance costs of about $500,000 during the first half of 2012, but sees the realignment helping it save $3 million, before tax, annually…

via UPDATE 1-SunOpta to restructure some units, cut 6 pct jobs | Reuters.