BERLIN, Feb 26 (Reuters) – Swiss chocolate maker Barry Callebaut is preparing to cut around 2,500 jobs, or 19% of its workforce, CEO Peter Feld said in an interview with Handelsblatt published on Monday.
“It’s about reducing complexity and eliminating duplication and inefficient structures,” Feld was quoted as saying.
The job cuts are to be implemented within the coming 18 months, according to the report.
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Update 1125
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Morning Briefing
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