Sector News

Unilever could axe up to 1,000 jobs in Germany: union

August 1, 2017
Food & Drink

FRANKFURT (Reuters) – A German union said cost cuts at Unilever (UNc.AS) (ULVR.L) could lead to up to 1,000 job cuts and possibly the closure of some of its eight factories in Germany.

“The plants in Auerbach, Stavenhagen and Heilbronn are under review,” Michaela Rosenberger, head of food industry union NGG, said in a statement on Monday.

According to NGG, around 5,000 of Unilever’s 168,000 employees work at 11 sites in Germany, Austria and Switzerland, making, among other products, Knorr instant soup, Magnum ice cream and Rama margarine.

Unilever, the maker of Dove soap, said in April it would speed up cost savings and sell its shrinking margarines business after February’s $143 billion takeover offer from Kraft Heinz (KHC.O) jolted it into a corporate makeover aimed at proving it can go it alone.

A spokesman for Unilever said it was true the company planned to review its food plants in Germany, excluding those making margarine, but said the outcome of the review was open.

“Any statements on job cuts and plant closures are total speculation,” he said.

According to the union, a meeting of staff in Germany has been called for Tuesday.

Reporting by Maria Sheahan, editing by David Evans

Source: Reuters

 

comments closed

Related News

May 15, 2022

Blurred lines: Vitafoods Europe 2022 review

Food & Drink

Upon FoodBev Media’s return from Vitafoods 2022 – which took place from 10-12 May in Geneva, Switzerland – the team reflects on the event’s aim to bring together international nutraceutical suppliers and experts from across the globe.

May 15, 2022

Crunch time: Mondelēz to dump chewing gum to take bigger bite of chocolate and biscuits markets

Food & Drink

Following a strategic review last year, Mondelēz International is planning to sell its developed chewing gum business, which includes brands Trident and Dentyne. This is in addition to offloading its Halls cough drop brand, as the food giant focuses on generating 90% of revenue in its chocolates and biscuits businesses, including baked snacks.

May 15, 2022

Givaudan strengthens natural preservation portfolio with nitrite alternative for processed meat

Food & Drink

Givaudan has unveiled NaNino+, a patent-pending combination of plant-based ingredients and natural flavorings that can replace nitrite in processed meat. Designed with natural ingredients, it provides a lasting multi-sensorial food experience with a good taste, color and freshness.