Danone cuts 900 jobs in Europe

Danone, the owner of Evian bottled water and Activia yogurt, said it plans to cut 900 jobs in Europe to help address declining profitability as consumption weakens in the southern part of the region.

19th February, 2013
Danone's Actimel

Danone, the owner of Evian bottled water and Activia yogurt, said it plans to cut 900 jobs in Europe to help address declining profitability as consumption weakens in the southern part of the region.

Both management and administrative positions will be shed in 26 countries across Europe, the Paris-based company said today in a statement as it reported a slight gain in profit.

The job cuts are part of a plan announced in December to reduce costs...

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