Barry Callebaut preparing to cut one in five jobs, CEO tells paper

26/02/2024

FILE PHOTO: Empoyees of chocolate and cocoa product maker Barry Callebaut prepare chocolates after the company’s annual news conference in Zurich, Switzerland November 7, 2018. REUTERS/Arnd Wiegmann/File Photo

BERLIN (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.

(Writing by Rachel More; Editing by Miranda Murray)

News Related

Google Pixel 8 Pro Review: Is this the best Android phone of 2023?

, Nov. 28 — One of the most anticipated Android releases for 2023 has been the Google Pixel 8 lineup. The Pixel series is often considered the best of what Android has to offer since it brings the true stock Android experience. The Pixel 8 Pro was globally released on ...
See Details: Google Pixel 8 Pro Review: Is this the best Android phone of 2023?
Namwater Dam Bulletin on Monday 27 November 2023

A blank space or an (NR) indicates no readings received. An (e) indicates that the water level has been estimated. An (w) indicates that the conditions were very windy, resulting in an inaccurate reading. Omatjenne Dam does not have abstraction facilities. The dam contents are according to the latest dam ...
See Details: Namwater Dam Bulletin on Monday 27 November 2023
Dr Yunus appointed chair of Moscow Financial University's international advisory board

Dhaka, Nov. 27 — Nobel laureate Dr Muhammad Yunus has been appointed chair of the international advisory board of Moscow’s Financial University (under the government of the Russian Federation). On November 23, he joined a high-level strategic meeting with Prof Stanislav Prokofiev, Rector of the Financial University, and his colleagues. ...
See Details: Dr Yunus appointed chair of Moscow Financial University's international advisory board
Victory over Nigeria puts Uganda on the brink

In a pivotal encounter at the International Cricket Council (ICC) Twenty20 World Cup Africa Final Monday, the Cricket Cranes faced Nigeria, knowing that a win could significantly boost their chances of securing one of the coveted tickets to the 2024 T20 World Cup in West Indies and the USA.Nigeria won ...
See Details: Victory over Nigeria puts Uganda on the brink
BoG holds policy rate at 30%, tightens liquidity measures

Capture 1 The Bank Ghana (BoG) Monetary Policy Committee (MPC) has maintained the key policy rate at 30 percent, while introducing additional liquidity management measures to address excess liquidity and reinforce the disinflation process. Announcing the committee’s decision on Monday following its 115th meeting, BoG Governor Dr. Ernest Addison said ...
See Details: BoG holds policy rate at 30%, tightens liquidity measures
When sea levels rise, so does your rent

Renita Holmes has been displaced four times in the past three years by rising rents With sea levels rising around the globe, Miami, in the US state of Florida, is facing an urgent need to adapt. As property investors turn their gaze inland, away from the exclusive low-lying beach area, ...
See Details: When sea levels rise, so does your rent
American International School CEO honoured as ‘Icon of Inspiration and Impact’

Picture2 In a groundbreaking moment, Mrs. Adelaide Siaw Agyepong, CEO-American International School, has achieved yet another milestone by being crowned ‘Icon of Inspiration and Impact for the Year 2023’. The crowning achievement took place in Accra, where Mrs. Siaw Agyepong surpassed contemporaries to clinch this prestigious title at the 5th ...
See Details: American International School CEO honoured as ‘Icon of Inspiration and Impact’
Sierra Leone prison breaks co-ordinated - minister

Freetown’s streets were almost empty on Sunday after a curfew was imposed Gunmen in Sierra Leone attacked a military barracks and freed hundreds of prisoners in a “co-ordinated and properly planned” attack, the country’s information minister has said. Sierra Leoneans spent Sunday under a nationwide curfew amid disarray in capital ...
See Details: Sierra Leone prison breaks co-ordinated - minister
Address the rise of single parenthood

Freetown’s streets were almost empty on Sunday after a curfew was imposed Gunmen in Sierra Leone attacked a military barracks and freed hundreds of prisoners in a “co-ordinated and properly planned” attack, the country’s information minister has said. Sierra Leoneans spent Sunday under a nationwide curfew amid disarray in capital ...
See Details: Address the rise of single parenthood
Hyundai Chief Picked as Auto Industry Leader of the Year

Freetown’s streets were almost empty on Sunday after a curfew was imposed Gunmen in Sierra Leone attacked a military barracks and freed hundreds of prisoners in a “co-ordinated and properly planned” attack, the country’s information minister has said. Sierra Leoneans spent Sunday under a nationwide curfew amid disarray in capital ...
See Details: Hyundai Chief Picked as Auto Industry Leader of the Year
Unmarried People Under 35 Outnumber Married Ones

Freetown’s streets were almost empty on Sunday after a curfew was imposed Gunmen in Sierra Leone attacked a military barracks and freed hundreds of prisoners in a “co-ordinated and properly planned” attack, the country’s information minister has said. Sierra Leoneans spent Sunday under a nationwide curfew amid disarray in capital ...
See Details: Unmarried People Under 35 Outnumber Married Ones
European interior ministers in Hungary to discuss migration

Freetown’s streets were almost empty on Sunday after a curfew was imposed Gunmen in Sierra Leone attacked a military barracks and freed hundreds of prisoners in a “co-ordinated and properly planned” attack, the country’s information minister has said. Sierra Leoneans spent Sunday under a nationwide curfew amid disarray in capital ...
See Details: European interior ministers in Hungary to discuss migration
Japan on the watch for unlicensed taxis around Narita airport amid foreign tourism spike

Freetown’s streets were almost empty on Sunday after a curfew was imposed Gunmen in Sierra Leone attacked a military barracks and freed hundreds of prisoners in a “co-ordinated and properly planned” attack, the country’s information minister has said. Sierra Leoneans spent Sunday under a nationwide curfew amid disarray in capital ...
See Details: Japan on the watch for unlicensed taxis around Narita airport amid foreign tourism spike
ECOWAS to send high-powered delegation on solidarity visit to Sierra Leone

Freetown’s streets were almost empty on Sunday after a curfew was imposed Gunmen in Sierra Leone attacked a military barracks and freed hundreds of prisoners in a “co-ordinated and properly planned” attack, the country’s information minister has said. Sierra Leoneans spent Sunday under a nationwide curfew amid disarray in capital ...
See Details: ECOWAS to send high-powered delegation on solidarity visit to Sierra Leone

Barry Callebaut preparing to cut one in five jobs, CEO tells paper

Google Pixel 8 Pro Review: Is this the best Android phone of 2023?

Namwater Dam Bulletin on Monday 27 November 2023

Dr Yunus appointed chair of Moscow Financial University's international advisory board

Victory over Nigeria puts Uganda on the brink

BoG holds policy rate at 30%, tightens liquidity measures

When sea levels rise, so does your rent

American International School CEO honoured as ‘Icon of Inspiration and Impact’

Sierra Leone prison breaks co-ordinated - minister

Address the rise of single parenthood

Hyundai Chief Picked as Auto Industry Leader of the Year

Unmarried People Under 35 Outnumber Married Ones

European interior ministers in Hungary to discuss migration

Japan on the watch for unlicensed taxis around Narita airport amid foreign tourism spike

ECOWAS to send high-powered delegation on solidarity visit to Sierra Leone

OTHER NEWS

From arts to sciences: Once a teacher, always a teacher

WC squad was picked on players’ performance, says Pramodya

Malindu Dairy bags Industrial Excellence Silver Award

Africans Urged to Invest Among themselves, Explore Investment Opportunities in Continent

Mohan Wimalaratne will lead Police this season

Church assists the disabled in Bulawayo

Somalia Joins East African Community