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Dairy jobs to go

This article was originally published in Foodnews

DANISH dairy giant Arla Foods is to cut 250 jobs across its active markets, saving an estimated DKK1.0 billion (US$177 million). "Three months into the year, Arla's budget is under additional pressures because of unfavourable exchange rates for sterling and the Swedish krona, " said chief executive Peder Tuborgh. "The market is showing no signs of recovery. We therefore need to implement savings which means we'll also have to resort to redundancies."

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