Massive Cadbury job cuts by 2011

29 June, 2007

Cadbury Schweppes has announced plans to cut 7,500 jobs by 2011.

In a move to reduce costs across the company, Cadbury will close 15 per cent of its manufacturing sites between 2008 and 2011 and cut its headcount by 15 per cent, according to a spokesman.

Cadbury, which employs 50,000 people globally, would not comment on whether any of its UK plants will be affected. The firm's headquarters are in London, while its main chocolate-making factory is based in Bournville, Birmingham.

Cadbury chief executive Todd Stitzer said: "The plans announced today represent the next step in transforming our confectionery company."

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