IRELAND: C&C Group to cut more Bulmers jobs
C&C Group is to cut a further 23 jobs at its Bulmers cider business in Ireland, as the firm looks to restructure amid falling sales.
Bulmers will cut 23 jobs in its transport division, as part of a restructuring programme that is "vital for the long-term viability of the company", the group announced yesterday (2 April).
A Bulmers spokesperson confirmed that the job cuts are in addition to 121 job losses announced by the group last month.
Bulmers managing director Aidan Murphy said: "We need to radically realign the costs of the company so that we can respond to market conditions and ensure that we are cost competitive. Our costs are currently too high for the company to sustain."
He said that there was "no feasible alternative" to the job losses.
C&C Group said in March that Bulmers cider sales fell by 14% in Ireland for the 12 months ended 12 February. C&C has also struggled to stop the rot on Magners sales in the UK over the last year and said that it expected a EUR11m (US$13.9m) write-down charge for the year, due to leftover apple juice stocks.
Both Ireland and the UK economies, meanwhile, are in recession.
Murphy said: "Our objective now is to implement a plan that will enable us to continue operating in [headquarters] Clonmel, maintain the maximum number of jobs possible and continue to produce a cider that has become synonymous with the town."
Sectors: Beer & cider
We can all breathe out again now. The economic downturn is over. What do we have as proof? Why, it's a reawakening of the mergers & acquisitions game....
Russia's Government is pressing ahead with its proposal to triple tax on beer from the start of 2010, according to Carlsberg, in a move that analysts believe could significantly damage brewers' profit...
The top ten stories published on just-drinks this week:...
Pernod Ricard has launched a new campaign for its Campo Viejo wine brand in the UK, adding weight to company claims that the Spanish wine brand is not for sale....
Belvédère, the troubled French drinks group, is looking to expand its presence in Canada after appointing Authentic Wines & Spirits Merchants to be group's sales agency in the country....
Wine Cellar, the UK retail group, has collapsed into administration with the loss of around a third of jobs at the company....
Destocking by drinks distributors has caused a 12% slide in full-year sales at Drambuie, the Scotch whisky liqueur group....
Akvinta Vodka is to be sold by independent London wine retailer Jeroboams, as the brand continues to expand its presence in the UK....
- The post-Brexit winners and losers - Analysis
- What Brexit means for drinks industry? - Analysis
- What does Brexit mean for AB InBev's SAB deal?
- Interview - Seedlip founder, Ben Branson
- Customisable drinks - The next consumer trend
- Carlsberg to close UK distribution arm
- Pernod Ricard exec shuffle - Denis O'Flynn leaves
- Major spirits M&A remains out of sight - analyst
- C&C Group will be a Brexit victim - analyst
- Pernod Ricard gives Beefeater packaging revamp
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Spirits and Wine: Corporate Overview
- Global RTD insights - market forecasts, product innovation and consumer trends