Kingsford Cuts 62 Kentucky Jobs, Idles Briquetting and Packaging Lines

Clorox has been struggling recently with their Kingsford brand. The loss of market share due to increased competition and pricing issues was the topic of conversation on their last earnings call.

As a result of their struggles, they’ve announced today that they’ll be cutting 62 jobs in Summer Shade, KY, according to an article in Bloomberg. Due to excess capacity they’ve decided “to idle indefinitely the briquetting and packaging lines”. Clorox will try to fill other open position with the affected staff.