![]() | WARNING: This is the OLD IUF website. Visit the NEW IUF website here: http://www.iuf.org |
Kraft/Mondelez Workers News
Another delicious moment of investor joy - Mondelez increases dividend, share buybacks | 12/12/2013 - 16:02 |
On December 10, Mondelez announced a 7.7 percent increase in the dividend paid to shareholders. This announcement followed the December 3 announcement that it would be increasing the amount spent on share buybacks from USD 6 billion to USD 7.7 billion for an increase of 28.3 percent.The meaning of the dividend increase plus the additional USD 1.7 billion devoted to buybacks, known as the "accelerated share repurchase", is spelled out in the December 10 company release:Upon completion of the ASR, which is expected no later than the second quarter 2014, Mondelez International will have returned at least $4 billion to shareholders in the form of dividends and share repurchases since its launch as a new company in October 2012. |
IUF Mondelez affiliates meet to build global organisation | 12/12/2013 - 14:59 |
|
Rally at Mondelez in Tunisia highlights continued harassment | 05/12/2013 - 18:00 |
|
Cadbury 5 gain support in Switzerland | 29/11/2013 - 14:56 |
|
Women food workers' solidarity with struggle against disposable jobs at Mondelez Pakistan | 26/11/2013 - 09:36 |
|
Pennsylvania political representatives challenge Mondelez to public meeting on threatened Philadelphia biscuit plant | 18/11/2013 - 18:17 |
Pennsylvania Congressmen Brendan Boyle and Kevin Boyle have publicly called on Mondelez to meet with them together with workers and community representatives to discuss the future of the threatened Philadelphia biscuit factory. Workers at the factory were called to a surprise meeting on November 6 and essentially told to prepare for closure, with the loss of up to 375 jobs. |
Precarious work expands at Mondelez Pakistan but management refuses negotiation on status of 'outsiders' | 08/11/2013 - 16:49 |
|
Cookie sales up, Mondelez prepares Philadelphia workers for cookie factory closure | 08/11/2013 - 14:23 |
The same day (November 6) Mondelez announced continued growth in North American biscuit sales, workers at the company's Philadelphia biscuit factory were |
Mondelez Tunisia union confirms leadership commitment to struggle for rights | 08/11/2013 - 13:12 |
The branch union of the FGAT-UGTT at the Mondelez SOTUBI joint-venture biscuit factory in Tunis, reaffirmed their commitment to struggle for the rights of all Mondelez/SOTUBI workers at an extraordinary congress on October 27 convened at the request of the workers. Congress elected a 7-member leadership team which includes 4 members of the executive which was dissolved under management pressure in 2012 following the suspension of a workplace representative and the Assistant General Secretary and the dismissal of General Secretary Zied Naloufi. |
Mondelez rejects US government offer to mediate disputes over allegations of human rights abuses | 30/10/2013 - 15:48 |
Mondelez has refused a US government offer of mediation to resolve disputes with the IUF over anti-union practices in Egypt and Tunisia which the IUF claims violate the OECD’s Guidelines on Multinational Enterprises. |