Somewhere between Fri 1 Mar and Tue 31 Dec 2013

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

Danone yoghurt

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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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