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Ocean Spray Announces Further Job Cuts

March 31, 2003

LAKEVILLE, Mass. (AP) _ Grower-owned cranberry cooperative Ocean Spray said Monday it has laid off 58 corporate positions as part of a restructuring announced earlier this month.

Four vice presidents and eight other executive level managers had already been dismissed. Ocean Spray announced the third phase Monday, saying 46 additional employees at other levels would lose their jobs.

The 58 jobs cut represent a 10.3 percent cut in corporate office and field sales positions. All but four were at the company’s headquarters in Lakeville, Mass.

On March 8, Ocean Spray grower-owners replaced the company’s board of directors with a slate they believed would be more responsive to their needs.

Ten days later, the company replaced its interim chief executive, Barbara Thomas, with Randy Papadellis, who is running Ocean Spray as president and chief operating officer.

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