The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.82 - Manufacture of cocoa, chocolate and sugar confectionery
450 jobs Number of planned job losses
Announcement Date
18 October 2006
Employment effect (start)
Foreseen end date
31 October 2009
Description
Cadbury Ireland is to seek up to 450 redundancies at its Coolock manufacturing plant in Dublin. The job losses are blamed by the company on higher wages and increasing costs in areas such as energy and insurance. The redundancies will be staggered over the next two to three years and will reduce by almost a third Cadbury's total workforce in Ireland, which currently stands at 1100. In a statement, the company said it had briefed staff of a "change programme" centred on redundancies, adoption of new technology and modernisation of work practices. If successfully carried out, these changes would "restore competitiveness" to the Coolock factory, while investment of more than 100 million euros would follow over the next three years, the company said. Cadbury currently employs some 1,500 people in Ireland. As well as 1,100 staff in Coolock, 100 employees are based in Rathmore, Co Kerry; 50 work in Tallaght, Dublin; and the remaining 250 operate between sites.
Sources
19 October 2006: The Irish Independent
19 October 2006: The Irish Times
Citation
Eurofound (2006), Cadbury, Internal restructuring in Ireland, factsheet number 64270, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64270.
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