Restructuring events
European Restructuring Monitor (ERM)
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.
Kraft Foods has announced plans to cut 200 jobs in Bournville (Birmingham), Chirk (North Wales) and Marlbrook (Herefordsshire) despite investing £44m for the expansion of its UK plants. The 200 announced jobcuts will mean that one in seven UK chocolate manufacturing jobs at Kraft will be cut.
The cuts will be implemented through redeployment and voluntary redundancies starting from next March and will proceed over the next two years. Additionally, according to the company 20 jobs will be created at the Sheffield plan.
Union Unite is reported to criticize Kraft's information policy on the job cuts, claiming that some employees have heard from the restructuring plans through the media. Kraft had committed to refraining from plan closures and compulsory redundancies for blue-collar workers for two years in the UK in March last year. The company claims that the commitment remains valid given the planned redundancies will not be compulsory.
In the UK Kraft currently employs 5,500 people, 1,400 in its chocolate manufacturing business.
Eurofound (2011), Kraft, Internal restructuring in United Kingdom, factsheet number 72830, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72830.
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