Dole Food lays off 400 in Calif.
Dole Food Co.'s cost-cutting ax fell on 400 workers at its Bakersfield, Calif., carrot plant, who will lose jobs as processing and packing are consolidated at two other plants. Dole has undertaken a worldwide reorganization it hopes will cut costs by more than $100 million.
Weinberger is Forbes chairman
Forbes magazine Publisher Caspar Weinberger, the former defense secretary, has been named chairman, the company announced yesterday.