Raisio Group’s employee co-operation negotiations launched at the end of January 2018 have been largely completed. At this point, it was decided that a total of 20 employments will be terminated. The terminations will be carried out through retirements, voluntary arrangements and redundancies, and partly through the termination of fixed-term employment contracts.
Raisio’s initial estimate of the reduction need was 30 jobs and it is expected to take place gradually. Once Raisio has completed the negotiations related to the possible divestment of its feed businesses announced at the end of 2018, it will also be possible to close the cooperation negotiations in terms of employments closely related to Raisioagro.
Raisio will direct all resources to support the strategic growth targets of its new Healthy Food Division. The cooperation negotiations were launched to ensure Raisio’s competitiveness and profitability. The negotiations concerned Raisio’s Group Services as well as the new Healthy Food Division’s marketing, product development and support functions. A total of 115 were within the negotiations.
Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.
Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.
The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.