date:May 09, 2014
re a $3.5 billion price tag, including $2.5 billion in cash expenses and $1 billion in non-cash costs.
The plan is intended to create a leaner, simpler and more focused organization by reducing operating costs to best-in-class levels through zero-based budgeting and by accelerating its supply chain reinvention initiative, the company said.
Mondelēz said most of the costs under the program would be incurred in 2015 and 2016 and are intended to cover severance as well as asset disposal and othe