200 Cadbury jobs to go
Global confectionary giant Cadbury is seeking to cut some 200 jobs at its plants in Coolock in Dublin and Rathmore, Co Kerry.
The company, which produces chocolate, chewing gum and candy via its three main brands – Cadbury, Trident and Halls – said a “difficult trading environment” had resulted in its seeking the layoffs from its Irish workforce.
However, despite the layoffs, Cadbury said it was committed to its Irish operations, having announced a €20m investment in its Coolock plant.
In a recent trading update released earlier this month, Cadbury reported improved trading for April and May and reaffirmed its revenue guidance for the full year. However, it did note that trading had been difficult in the Irish market, although it said its strong showing in the UK offset this poor performance.
Cadbury operates in over 60 countries worldwide and employs some 50,000 people.