Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10 - Manufacture of food products

120 jobs
Number of planned job losses
Job loss
Announcement Date
10 March 2005
Employment effect (start)
Foreseen end date

Description

Confectionery giant Mars is to cut 1,070 jobs in Western Europe as part of plans to restructure its business, the company announced. Most of the jobs will be cut at the firm’s sites in UK and France and 120 jobs are to be lost in Germany.


Sources

  • 10 March 2005: Reuters

Citation

Eurofound (2005), Mars, Internal restructuring in Germany, factsheet number 61336, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61336.