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Mondelez International, Inc. (/ ˌ m ɒ n d ə ˈ l iː z / MON-də-LEEZ) [3] (styled as Mondelēz International) is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [5]
Mondelez Ireland Production Limited (trading as Cadbury) is a confectionery company in Ireland based in Coolock in Dublin. It is a subsidiary of Cadbury, currently owned by Mondelēz International. Cadbury Ireland exports over 200 of its products to 30 countries worldwide, making a contribution of €110 million of Irish trade.
In 2015, 80 factory floor jobs were cut following a $75m upgrade by Mondelez International, with a further 11 jobs cut from the closure of the visitor centre. [ 45 ] [ 46 ] The workforce lost 40 workers in 2018 following a further $20m upgrade to machinery.
US food company Kraft took over the brand in a controversial takeover in 2010, with Cadbury going on to become part of its Mondelez division in 2012. Follow BBC Birmingham on BBC Sounds , Facebook ...
The 2021 Nabisco strike was a labor strike involving workers for the American snack manufacturer Nabisco, a subsidiary of Mondelez International.The strike began at a Nabisco facility in Portland, Oregon on August 10 and over the next few days spread to several more Nabisco facilities throughout the United States.
In 2014, Mondelez generated more than $34 billion in revenue and [2] CEO Irene Rosenfeld received $21 million a year in compensation. [1] The pressure to cut American jobs in Mondelez was linked to Bill Ackman, a hedge-fund billionaire who purchased a 7.5 percent stake in Mondelez, and is believed to have pushed for cost cutting.