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Crain's Chicago Business reports that one of the options being considered by Kraft CEO Roger Deromedi as he looks to improve the company’s profitability is a 10 percent cut in the company’s workforce, which would amount to some 6,500 employees.

Kraft is not commenting on the report.

The move would follow by less than a month the decision to move co-CEO Betsy Holden out of the co-CEO position and give the whole job to Deromedi. Since then, Holden has been named Kraft's president, global marketing and category management.
KC's View:
For a Monday morning, all these layoffs are getting us depressed.