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Takeover will mean job cuts, says boss of Cadbury

The Independent, 14 January 2010
Publié le : 20 janvier 2010
 Chris Green 

"The chairman of Cadbury has admitted that job cuts at the 186-year-old chocolate maker are an "inevitability" following its £11.9bn takeover by Kraft Foods.

"Roger Carr confirmed that job losses were likely at the company's head office in Uxbridge, west London, adding that the decision to accept Kraft's improved offer had been a "bittersweet moment".

"Kraft likewise hinted at redundancies, saying the takeover had the potential to bring "substantial further cost savings". The American firm has given no assurances over the future of the rest of Cadbury's UK employees, but said it wants to invest in its Bournville site in Birmingham as well as retaining production at the Somerdale factory in Keynsham, near Bristol."

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Mise à jour le 20 janvier 2010
Créé le 20 janvier 2010
ISSN 2107-7029
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