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Cadbury to axe almost 600 jobs

15-Oct-2008

Related topics: Markets

 

Confectionery manufacturer Cadbury has announced that it is to cut 580 management and factory jobs worldwide in an attempt to cut costs.

 

The move forms part of a restructuring program which will see its current four region operating structure making way for an operation run by seven regional business heads.

 

Cadbury says it is 60 per cent of the way towards achieving its cost-cutting aims.