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Kraft announces 200 jobs losses
Wednesday December 7th 2011
Kraft Foods is to cut 200 jobs under plans which include £50 million investment in its chocolate and biscuit manufacturing, the firm has said.
The company, which bought chocolate giant Cadbury, said it will be making "significant investments" across four of its sites over the next two years.
But 200 jobs will be cut through redeployment and voluntary redundancies over two years from next March.
Kraft said its proposals were designed to keep Bournville, the Birmingham-based home of Cadbury's chocolate, at the heart of the industry, and to bring biscuit-making to Kraft in the UK for the first time.
Around £6 million will be invested in biscuit-making at the firm's Sheffield plant, with the creation of 20 jobs, while £44 million will be invested in chocolate manufacturing, benefiting Bournville, Chirk in North Wales and Marlbrook in Herefordshire.
Copyright © Press Association 2011
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