Kraft to Cut Another 200 Jobs ; Food Firm Restructuring

Summary

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AMERICAN firm Kraft has once again come under fire over job losses. The company, which bought Cadbury, was roundly criticised for promising to keep its Keynsham factory only to shut the plant within a matter of weeks. Yesterday Kraft Foods announced it is to cut 200 jobs under plans which include a Pounds 50 million investment in its chocolate and biscuit manufacturing.

The company said it would 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.

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Kraft to Cut Another 200 Jobs ; Food Firm Restructuring

Kraft said its proposals ...

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