Arla Foods has put a cost-cutting initiative into action to find at least €400m (£350m) of efficiency savings by 2020. The programme, called “Calcium”, was launched as a result of external challenges facing the business, including Arla’s exposure to the weakened pound and unfavourable developments in commodity markets. Cutbacks would likely affect Arla employees across production, products, procurement and marketing departments and job losses are expected. See also: UK dairy has highest processing investment in EU However, an Arla UK spokesperson […]
The post Arla launches plan to save £350m from European business appeared first on Farmers Weekly