ConAgra Cuts 1,500 Jobs; Moving HQ From Omaha to Chicago

ConAgra Foods will eliminate 1,500 jobs which represents 30 percent of its office-based workforce and move its headquarters to Chicago from Omaha, Nebraska, with the goal of creating a more-efficient packaged food company.

Company officials said Thursday that its new Chicago headquarters will have about 700 workers by next summer, including top executives and consumer foods employees that are currently divided between Omaha and Naperville, Illinois. The company will keep about 1,200 employees in Omaha to handle research and development, supply chain management and some administrative functions.

About 1,000 people will lose their jobs in Omaha and roughly 300 Omaha jobs will m