Company/Organisation:
Cadbury Schweppes
Geographic Location
Country:
World
Company
Sector:
Manufacturing
Manufacture of food products, beverages and tobacco products
10 - Manufacture of food products
Group:
Cadbury Schweppes
Employment Effects
Announcement Date:
28-10-2003
Planned Job Reductions min:
5500
Planned Job Reductions max:
5500
Type of Restructuring:
Internal restructuring
Additional Information
Cadbury Schweppes reduction plan will affect 10% of its workforce and 20% of its 133 factories around the world. Management said it would save Euro 600 million a year by 2007 and therefore, bring its costs in line with competitors after several large acquisitions.
Sources:
28-10-2003The Guardian
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