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Are commodity prices to blame for restructuring and layoffs at Kraft?
25-03-2011
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Or is Kraft - with additional leverage over suppliers since it swallowed Cadbury - simply racing to complete the massive cost savings it promised investors would be achieved by 2012 through the Cadbury deal?
Burton's Biscuits, which manufactures Kraft/Cadbury products in the UK under license, is feeling the squeeze from both Kraft and the company's private equity owners.
Read the full story in the IUF's latest Kraft Union Network bulletin - click here to download a copy in pdf format.
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