date:Dec 18, 2012
French dairy firm Danone has announced a cost reduction and adaptation plan to generate 200m savings in Europe in the next two years.
With this move, the company is seeking to address a fall in sales in the region and regain its competitive edge.
As a part of the plan, Danone will lower general and administrative costs, and implement changes at organisational level by reducing jobs.
The job cuts will affect management and support functions, and will be based on voluntary departures; however,