French milk products group Yoplait plans to cut 315 jobs at several plants in France and representing 16% of its total workforce in the country.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

It says restructuring is necessary to re-establish the competitiveness of its plants and the cuts will largely affect production staff.

Last year saw Yoplait move into the red and the company underlined that its market share fell from 16% in 1996 to 10.2% at the end of last year.

A year go, Yoplait appointed former Danone senior executive, Lucien Fa as its new managing director.

Yoplait has an annual turnover of around €1bn (US$1.08bn) and is jointly-owned by French cooperative Sodiaal and investment fund PAI Management, which took a 50% shareholding in 2002.

GlobalData Strategic Intelligence

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

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now