Kraft Foods to cut 123 Jobs at Suchard plant in Strasbourg

According to just-food, Kraft Foods is to axe 123 out of a total of 380 jobs at the Suchard chocolate-making plant in Strasbourg. Annual output at the plant has fallen from 15,000 to 10,000 tonnes over the past 3 years with some production transferred to Germany.

Kraft Foods last week completed the acquisition of United Biscuits Iberian operations, including the recovery of the rights to Nabisco trademarks in Europe, the Middle East and Africa. The deal sees important brands, including Oreo, Ritz and Chips Ahoy! returned to Kraft’s portfolio.



"Bringing our Nabisco trademarks back into our product portfolio, coupled with the addition of strong local Iberian biscuit brands, is another step in increasing shareholder value as we further improve our growth potential in this key region," said Joachim Krawczyck, group vice president & president, Kraft EU region. "This transaction gives us an enhanced platform for innovation and extends Kraft s competitive position in the EU."