Cadbury Schweppes to cut 7,500 jobs
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Cadbury Schweppes PLC said Tuesday it plans to close 15 percent of its confectionary factories by 2011, cutting about 7,500 jobs, and will likely sell the U.S. unit that makes 7-Up, Dr Pepper and Snapple as it focuses on its candy and gum businesses.
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US mobile phone giant Cingular announces plans to cut about 7,000 jobs in the next 12 to 18 months.
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Cadbury Schweppes says its plans to hive off its US drinks business will go ahead - even if it cannot find a buyer.
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Cadbury Schweppes has warned that its full year results will be at the lower end of its expectations. The world&#39;s biggest confectioner said that wet weather had held back sales of soft drinks in France and Spain.
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Drugs giant AstraZeneca announces it is to cut more than a quarter of the jobs at a plant in Cheshire.
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Unilever, the world&#39;s largest maker of food and soap, will close its Birds Eye plant in Grimsby, England, leading to the loss of 600 jobs at the UK&#39;s biggest producer of frozen foods.
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The world&#39;s biggest confectioner, Cadbury Schweppes, says its annual results will come in toward the lower end of its target ranges, with wet weather hampering soft drinks sales in Europe.
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General Motors Europe is to slash its workforce by around a fifth, cutting as many as 12,000 jobs in a bid to halt chronic losses in the region.
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Sprint Corp., the telecommunications giant, said Friday it will cut 700 jobs in its business solutions division as it stops selling business long distance services outside of package deals.
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US telecoms giant AT& T has announced that it plans to cut its workforce by 20% this year, axing a further 7,000 jobs.
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Cadbury Schweppes, the world&#39;s biggest confectioner, today forecast disappointing annual profits after a wet summer dampened drink sales in Europe.
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Cadbury Schweppes Plc , the world's largest confectionery group, said it planned to cut 15 percent of its jobs and factories and was more likely to sell than spin off its American drinks unit.
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CONSUMER goods maker Colgate-Palmolive said today it would cut about 12 per cent of its 37,000-person work force and close a third of its factories worldwide as part of a four-year restructuring.
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Eli Lilly and Co. (LLY.N: Quote, Profile, Research) said Thursday it plans to cut 575 jobs, or a little more than 2 percent of its US workforce, in a move to streamline its operations.
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Swiss food group Nestle has said it would slash 645 jobs at a chocolate factory in the northern English city of York.
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Canadian train maker Bombardier cuts more than 700  UK jobs in Derby and Ilford, and a further 1,500 posts in Germany and Canada.
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Company plans to cut up to 7000 jobs this year as it transitions to digital technologies.