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C&C to Restructure - Irish Job News - News on Jobs for Ireland


C&C to Restructure

10 October 2007 | Ireland | 1 Response by paul savage.

Today some less than positive news has emerged about C&C Brewers (www.candcgroupplc.com). C&C, the makers of Magners cider, has warned that there are plans for ‘significant job cuts‘. The bad summer has had a grave effect on their profits. The company announced this morning that it would soon unveil a comprehensive restructuring and cost reduction strategy, which is likely to focus on headcount reduction. So all that rain has had it’s effect.

job losses in the brewing industry

Its cider sales in Ireland were down 7% in the first half of the year, compared to a year earlier. In the UK sales were flat but it lost market share. Maurice Pratt, the chief executive, said the company had “invested in production … and we must now adjust our cost base to reflect where our sales are.”

1 Response

  1. C&C are facing job losses after a terrible summer | Irish Job News - News on Jobs for Ireland said on 19 Nov 2007 at 7:00 pm

    […] you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Last rmonth we eported about C&C when they were having problems after a bad summer’s earnings.  Yes, we all […]

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