AUS: Murray Goulburn cuts jobs in efficiency drive
Murray Goulburn is to eliminate 72 positions
Australian dairy Murray Goulburn is to cut around 72 jobs across six of it processing facilities.
The co-operative said the move is part of an ongoing commitment by the group to "improve efficiency, productivity and cost competitiveness".
The reduction in roles is made up of 38 positions at Cobram; 15 at Leongatha; eight at Kiewa; four at Edith Creek; four at Rochester; and three at Koroit. The changes will take effect in late September to early October, the company said.
"While these decisions are challenging, they are necessary to ensure MG remains competitive," said Murray Goulburn's general manager of operations, Keith Mentiplay. "It is in the best interests of our supplier/shareholders, employees, communities, customers and consumers that MG remains a strong business, able to compete globally and deliver higher farmgate prices.
"We recognise that these changes are very difficult for those impacted and we are doing everything we can to support affected staff at this time."
The company said staff affected have been advised that where possible, the co-operative has "sought to minimise the impact on its people by looking first to natural attrition, contract and casual positions and then voluntary redundancies".
Mondelez International last week announced Nelson Peltz is set to join the company's board. The activist shareholder's investment fund disclosed the US billionaire has turned his focus away from campa...
Last week, the race to buy Australian dairy Warrnambool Cheese and Butter Factory took a decisive turn when Murray Goulburn - and WCB investor - accepted the bid from rival suitor Saputo's takeover bi...
- Unilever 2016 investor day - the top takeaways
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- What Premier CEO Gavin Darby thinks about Brexit
- How Tyson's new CEO plans to grow the meat group
- Nestle unveils process to cut sugar by 40%
- Putin 'wants embargo to run as long as possible'
- Unilever sets new margin target with help from ZBB
- Unilever focuses on "value" of spreads arm
- McCormick to buy flavours business Enrico Giotti