Tuesday, January 31, 2006

Not happy little Vegimites!!

Vegemite maker to cut jobs
By Nicki Bourlioufas

THE maker of the famous Australian icon Vegemite, Kraft Foods, is set to cut jobs in Australia after confirming overnight it would slash 8000 jobs worldwide and close a factory in Broadmeadows, Victoria.

Kraft said it expected to close up to 20 production facilities and eliminate about 8000 jobs, or about 8 per cent of its workforce, at all levels of the organisation.

The company said it would close production facilities in Broadmeadows and in Hoover, Alabama, in the US.

A spokesman for Kraft Foods in Australia could not be immediately contacted to comment on expected job cuts.

The company-wide cuts will come on top of those already announced in 2004.

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