Having recently completed a takeover of Cadbury’s, the leading food manufacturer Kraft Foods is planning to consolidate its research and development facilities and headquarters to the UK. The move is set to cut up to 600 British jobs at their current site in Cheltenham.
Kraft Foods is the name behind some of the world’s top food brands Dairy Milk, Toblerone and Green & Blacks will make Bourneville in the West Midlands, the centre of it’s research and development activity. Both Cadbury’s and Kraft Foods staff on the Bourneville site to create a global ‘Centre of Excellence.’
Kraft will move its current offices based in Cheltenham in 2011 and will transfer to their new offices in Bourneville within the following 18 months. Kraft’s Cheltenham site currently employs 450 staff.
Nick Bunker, President of Kraft Foods UK & Ireland said: “The UK is one of the company’s most important markets. Kraft Foods has been here for more than 85 years and Cadbury, of course, was founded here.
“We would be very sad to leave Cheltenham and we would provide significant resources to support employees from all affected sites during the move.
“However, the business rationale is compelling. Having our R&D, customer service and support functions working side-by-side will enable us share more insights, act more quickly and execute more flawlessly, thereby accelerating our growth.”
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