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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J Sainsbury Plc Chief Executive Justin King will cut one quarter of the company&#39;s headquarters workforce and halve the dividend as he seeks to revive profit and regain customers lost to Tesco Plc and Wal-Mart Stores Inc.
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The world's biggest confectionary group, Cadbury Schweppes, says profits will be lower than expected as wet weather hits cold drinks.
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Unilever, which makes Lipton Tea, Dove Soap and Ben &amp; Jerry's Ice Cream, announced plans to abolish its co-chief executive structure after reporting a drop in sales and a net loss in the fourth quarter.
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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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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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Ireland's lone sugar processor Greencore Sugar is to cease operating at its Carlow production facility in anticipation of the pending EU reform of the sugar industry, Tom Armitage reports.
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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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LONDON -- The British Broadcasting Corp. announced Thursday it will cut 1,800 jobs, broadcast fewer programs and require staff to create content for television, radio and the Internet, creating a showdown with journalists and other employees.
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Ford Motor Co. announced Friday plans to cut about 1,150 jobs in England to streamline its Jaguar unit, where weak sales have failed to offset spending on new products and other parts of the business.
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US firms cut back on the total number of staff employed for the first time in four years, official data shows.
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Dairy Crest is to stop supplying fresh milk to Tesco, after the country&#39;s largest supermarket chain cut its milk suppliers to two.
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Computer Associates will cut 800 jobs, the software maker said yesterday, reducing its workforce 5 percent in its biggest cost-cutting effort since 2001 amid slack demand and falling prices for software and services.
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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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Software maker Computer Associates  CA.N on Wednesday said it would cut 800 jobs, or 5 percent of  its work force, to cut costs amid weaker demand and falling  prices for software and services.
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At least 7,000 jobs are set to be lost at computer firm Dell after it said it would cut its global workforce by about 10%.