CHICAGO - Mondelez bakeries, which makes Oreo cookies, Ritz crackers, and Cadbury chocolates, has announced yet another round of layoffs at its Chicago bakery, Breitbart reports Tuesday.
The company is enlarging its Mexico facilities as it closes nine bakery lines in the Windy City, some of which have been operating for 60 years.
The company has been cutting costs since its 2012 separation from Kraft Foods’ grocery business. The goal is to reduce costs by at least $1.5 billion by the end of 2018...
The bakery warned 277 employees of their separation on January 20. This will only be the first round of up to 600 layoffs in Chicago.
At this time Mondelez says the Chicago plant will continue to make BelVita, Mini Chips Ahoy, Cheese Nips, and other products, on seven to-be-upgraded production lines. But the company will shutter the nine lines that produce Oreos, and Ritz and Graham crackers.
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