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Industry News Articles

Premier Foods to cut 600 Jobs

17 January 2012

Premier Foods will be selling-off non-core businesses in an attempt to double cost savings to £40million a year, which will lead to about 600 job cuts.

These losses account for 5% of the company’s 12,000 strong workforce. Premier Foods, which owns brands including Paxo and Mr Kipling, expects 2011’s financial results to be at the “lower end” of market expectations.

New CEO Michael Clarke is focusing the group on its biggest brands.

He told the BBC: “Discussions with the company's banks over a re-financing package continue to make progress and it is anticipated that an appropriate agreement will be reached soon.

“While decisions to reduce the workforce are always difficult, I am convinced we are taking the right steps in the long-term interests of the businesses.”

Flexible Borer's FUSION Attendance Management System

If employees are asked to undertake different shifts or working patterns to the restructing of the company, then FUSION’s Time and Attendance System take this in their stride. Our FUSION Time and Attendance systems deal with all clocking matters, from simple collection of employees' clocking data, through to job costing and extensive labour hours analysis. Many working patterns – flexi-time, night shifts and overtime are easily created with the software.

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Access Control Systems using Power over Ethernet (PoE) Technology from Borer