Nestle says 573 UK jobs at risk amid confectionery revamp

Nestle says 573 UK jobs at risk amid confectionery revamp
Reuters
Share
Font Size
Save
Comment
Synopsis

"We are proposing changes to adapt our confectionery manufacturing for the future with a 29.4 million pound ($40.8 million) investment at our factories in York and Halifax and the proposed closure of our Fawdon site towards the end of 2023."

Reuters
is restructuring its confectionery operations in Britain in a move that could cost nearly 600 jobs in the north east of the England, the world's biggest packed food company said on Wednesday.

"We are proposing changes to adapt our confectionery manufacturing for the future with a 29.4 million pound ($40.8 million) investment at our factories in York and Halifax and the proposed closure of our Fawdon site towards the end of 2023. Regrettably, these proposals put 573 roles at risk, subject to consultation," its UK arm said in a statement.

Read More News on

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day