Hershey's to cut jobs, close some US plants
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The Hershey Co., whose name has been synonymous with US candymaking for more than a century, is moving a bigger chunk of its production to Mexico.
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around ten plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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DaimlerChrysler AG's Chrysler Group plans to cut more than 10,000 factory jobs and close at least two plants to return the U.S-based unit to profitability, the Detroit News said on Monday.
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Whirlpool Corp  said on Thursday it planned to close two refrigerator plants and cut about 1,250 jobs in a restructuring expected to cost $15 million to $20 million, while adding 875 jobs at two other plants.
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Retailer Macy's Inc  plans to cut  271 jobs in the Chicago, Detroit and Minneapolis areas, closing  most of its in-store wine shops and several food operations,  the Chicago Tribune reported Saturday.
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PepsiCo Inc. will close four Frito-Lay factories by the end of the year, as it moves to streamline production, the company said Thursday.
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DaimlerChrysler AG's  Chrysler Group plans to cut more than 10,000 factory jobs and close at least two plants to return the U.S-based unit to profitability, the Detroit News said on Monday.
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Confectionery and drinks giant Cadbury Schweppes announces plans to cut 15% of its staff by 2011.
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Timken Co. TKR.N on Friday said it   would cut about 700 jobs, or 5 percent, of its automotive group   employment, and significantly lowered its earnings outlook. It   cited a fall in North American auto industry production,   sending shares down more than 10 percent.
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Cadbury Schweppes PLC said Tuesday it plans to close 15 percent of its confectionary factories by 2011, cutting about 7,500 jobs, and will likely sell the U.S. unit that makes 7-Up, Dr Pepper and Snapple as it focuses on its candy and gum businesses.
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SBC Communications, one of the biggest US phone companies, is planning to cut more than 10,000 jobs, or about 6% of its workforce, by the end of next year.
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Pressured by global competition, Colgate-Palmolive announced today that it would cut jobs and close plants to increase profit margins.
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DETROIT -- Chrysler LLC plans temporarily to close four assembly plants and to shut down one shift at another due to the bankruptcy filing of one of its plastic parts suppliers, the automaker said Monday.
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Hershey Co.  on Thursday posted a 96 percent drop in second-quarter net income and again cut its 2007 profit forecast as it spends more money to try to jump-start flagging sales.
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The aluminum maker, said it would close some metal-fabrication plants in Europe and North America.
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September 23, 2004 - Almost 130 people will lose their jobs next month when the company that makes Butternut Bread shuts its Chicago plant.
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All or part of four North American plants will be closed, and its parent company did not rule out selling the unit.