Problem Child Ben & Jerry's Getting Boot From Parent After Years of Political Controversy
(www.foxbusiness.com)
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Anytime buzz words like “Leaner Business” get used. Especially in the context of spinning off brands, or layoffs. It’s code for the company’s internal financials aren’t looking good.
Given they’re getting rid of the ice cream brands entirely and not just problem children like Ben & Jerry’s. I’d imagine their financials are worse then expected. Or they’d likely have only spun off a handful of the weaker brands.
Which would be right in line with the predicted and expected expected economic issues. That were projected to start hitting this year.