herald

Wednesday 22 November 2017

Premier to slash jobs

THE company behind Mr Kipling cakes, Bisto gravy and Ambrosia has revealed plans to slash 600 jobs as it warned of weaker profits.

Premier Foods said the job cuts will help the debt-laden company double its cost saving target to £40m a year by 2013. The move by the UK company will affect 5pc of the company's 12,000 workforce.

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