The following video is part of our "Motley Fool Conversations" series, in which technology editor/analyst Andrew Tonner and consumer goods editor/analyst Austin Smith discuss topics across the investing world.

In today's edition, Andrew and Austin discuss Kraft's decision to lay of 1,600 employees. This spelled bad news for another food company in the past, and they wonder if Kraft is doomed to repeat the same mistake.

Austin Smith owns shares of Philip Morris. Andrew Tonner has no positions in the stocks mentioned above. The Motley Fool owns shares of Altria Group and Philip Morris International. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.