EMCC European Monitoring Centre on Change

Cadbury Schweppes

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.