Somewhere between Fri 1 Mar and Tue 31 Dec 2013

Danone cuts around 900 jobs in 26 European countries due to low EU sales

French food and drink company Danone is due to cut around 900 management and administrative positions across 26 European countries. 

Danone announced a 3% fall in EU sales, citing a severe deterioration in consumer demand. However, the company reported a 5.4% overall rise in sales in 2012 from the previous year. 

The company, owner of Activia yogurt and Evian bottled waters, is phasing out the cost-cutting plan throughout 2013.

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