unite's fearsover jobs
Unite warned a bidding war was bad for Cadbury and its workforce, and said a takeover could result in job losses and cuts in pay and conditions.
In evidence to the Commons Business, Innovation and Skills select committee, the union called for a stronger voice to be given to workers during the takeover process.
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Hide AdDeputy general secretary Jack Dromey said: “Takeover policy is shrouded in secrecy and tilted towards profiteering, not the public interest, so much so that the interests of banks and far-off boardrooms come before those of loyal workers and communities.”
Jennie Formby, Unite’s national officer for food and drink, added: “Two months on from Kraft’s initial interest, we are still none the wiser as to Kraft’s plans for Cadbury.”