Wednesday, June 24, 2009

Cadbury seeks to cut up to 200 jobs

Confectionery company Cadbury says it is seeking to cut up to 200 jobs at its plants in Coolock in Dublin and Rathmore, County Kerry.

In a statement, the company said recent currency movements had added to the high cost of manufacturing in Ireland, reports RTE. 'This loss of competitiveness has led to a decline in export demand,' it added, saying it needed to cut costs in line with the economic realities.