Cadbury to cut workforce by 15%
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Confectionery and drinks giant Cadbury Schweppes announces plans to cut 15% of its staff by 2011.
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The UK's biggest dairy company Dairy Crest is to stop supplying fresh milk to Tesco, a deal which currently brings in about Â£60m a year.
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Cadbury Schweppes is to set out plans for a major overhaul of its business amid speculation of substantial job cuts.
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Electronic Data Systems plans to cut 15,000 to 20,000 jobs over the next two years, as the struggling technology services giant tries to slash costs and regain its footing.
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GlaxoSmithKline warns it will cut jobs and close some factories as part of a cost-cutting plan.
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Cadbury Schweppes Plc , the  world&#39;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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Ford Motor Co. announced Friday that it would eliminate 1,150 jobs in England to streamline its Jaguar Cars Ltd. unit, where weak sales have failed to offset spending on new products and other parts of the business.
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Software maker Computer Associates  CA.Non Wednesday said it would cut 800 jobs, or 5 percent of  its work force, in one of its biggest cost cutting efforts amid  weaker demand and falling prices for software and services.
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The struggling chipmaker will eliminate around 10 percent of its workforce -- most cuts coming in management, marketing and IT -- as part of its biggest restructuring since the mid-1980s.
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Cadbury Schweppes  is planning  to move out of its expensive central London offices as part of  a cost-cutting drive that will be announced on June 19, a  source familiar with the matter said on Friday.
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FORD, the American car giant, confirmed yesterday that it is to stop producing Jaguar cars at its Brownâs Lane plant in Coventry, with the loss of 1,150 jobs.
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Cadbury Schweppes Plc, the maker of Dr Pepper and 7Up, said results will be at the ``lower&#39;&#39; end of the range it has targeted in the current fiscal year because of lack of demand in the US and European drinks markets.
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German industrial chemicals giant Celanese, a unit of US investment fund Blackstone, said it would slash around 1,000 jobs worldwide, nearly 10 percent of its workforce, in a restructuring drive.
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The company said it planned a major job shift to cut costs, saying the reorganization will affect 1,650 jobs, or nearly 12 percent of its work force.
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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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DALLAS, Sept. 9 -- Electronic Data Systems Corp. could cut 15,000 to 20,000 jobs -- more than 10 percent of its workforce -- over about two years to help reduce costs by about $3 billion, chief executive Michael H. Jordan said Thursday.
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Hershey co.  on Thursday said it  would cut about 1,500 jobs and reduce the number of production  lines it operates by more than a third as it tries to  streamline manufacturing to improve profits.