As Hershey (HSY - Get Report) continues to lag behind competitors including Mondelez (MDLZ - Get Report) and Nestle (NRGY) , it plans to cut 15% of its workforce to up its profitability. Hershey depends on its North American customer base with only 30% of its revenues coming from outside the U.S. and Canada. 

READ THE FULL STORY HERE: Hershey, With Scant Global Traction, to Cut 15% of Workforce


This article was written by a staff member of TheStreet.