Mondelez International is to temporarily shut a Cadbury plant in Australia over the Christmas period.
The snacks giant said the closure of the site in Hobart for five weeks was “part of the regular process of matching supply to demand forecasts, which can obviously fluctuate through the year”.
Go deeper with GlobalData
A spokesperson added: “We had a shutdown last Christmas and at Easter too, so it’s not unusual.”
John Short at the Australian Manufacturing Workers Union told Australian broadcaster ABC said the factory usually closed for two weeks.
“It appears that the company did really well at the start of the year and got a lot of chocolate made, and they got a bit of a stockpile, but unfortunately they haven’t had the sales in the second half of the year they would have liked,” Short said. “What this is trying to do is to hang on to their workforce by having a bit longer shut down than they normally would.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
