Are you an employee of Mondelez or thinking of joining? But worried due to rumours of Mondelez Layoffs 2023? We’ve got you covered. It is expected to think about Job security when you hear a lot of rumors about layoffs.

Recently, there has been an increase in rumors about Modelez Layoff around the internet. At OceanofBusiness, we investigate the rumors about layoffs and see if these rumors are true or not.

Layoffs are unfortunate as they steal the job and earning source of many people but allow you to look for a new path to grow and improve your skill set. 

In 2023, we see a huge layoff spike for all big companies including Amazon, Facebook, Twitter and other giants. Some of the layoffs are made for cost-cutting and the other ones are made for long-term growth.

Let’s investigate Mondelez Layoffs 2023!

Overview of Mondelez

Mondelez also called Modelez International Inc., is an American Multinational company that has deep roots in the Food, Beverage and Snack industry all over the Globe.  It was initially founded in 2023 under the name of Kraft Foods Inc. but renamed to Mondelez in 2012.  Mondelez only kept the snack business and separated the grocery business with a new company called Kraft Foods Group.

Initially, Modelez’s headquarter was in Chicago which was later on moved to New Jersey. Modelez International Inc. manufactures many snacks like chocolate, cookies, biscuits, gum, confectionery, etc. According to Fortune, Modelez Internation Inc. had a revenue of $28.72 Billion in 2022 and ranked on 121 in Fortune 500.

Mondelez Layoffs 2023

Mondelez laid off 105 employees in July 2023 by closing a food factory in the US according to Report published by Just Food. This was a snack factory in Jeffersonville, Indiana but the reasons is not disclosed by the company.

There are more rumors about Mondelez Layoffs 2023 going on but there is no official confirmation about any layoffs and number.

They might turn out to be just rumors, don’t need to worry. As compared to other companies, the Modelez layoffs are just a small chunk that nobody will see. Everyone should appreciate Mondelez for that, especially in 2023 where most companies cut off around 20% of their employees.

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Why Companies Done Mass Laid Off in 2023?

It is important to note that these are just some of the reasons why companies have made mass layoffs in 2023. The specific reasons for each layoff will vary depending on the company and the situation

  • Economic downturn: The global economy is facing a number of challenges, including rising inflation, supply chain disruptions, and the war in Ukraine. These factors have led to a slowdown in economic growth, which has forced some companies to lay off employees in order to cut costs.
  • Technological advancements: Technological advancements are constantly changing the way businesses operate. Some companies have laid off employees to automate tasks that humans previously did.
  • Competition: The business landscape is becoming increasingly competitive. Some companies have laid off employees in order to reduce costs and focus on their core businesses.
  • Mergers and acquisitions: When two companies merge, there is often overlap in the workforce. This can lead to layoffs as the new company tries to streamline its operations.
  • Poor performance: In some cases, companies have laid off employees due to poor performance. This can happen when a company’s sales or profits decline or when the company is not meeting its goals.

Future of Mondelez International Inc.

Mondelez Layoffs
Mondelez Layoffs

Mondelez International is one of the world’s leading snacking companies, with a portfolio of iconic brands that include Cadbury, Oreo, Milka, and Triscuit. The company is well-positioned to capitalize on the growing demand for healthier, more sustainable, and convenient snacks, and its future looks bright.

One of the key trends that Mondelez is focused on is the increasing consumer demand for healthier snacks. Consumers are looking for snacks that are made with better-for-you ingredients and that provide nutritional value. 

Mondelez is responding to this trend by developing new products that meet these needs. For example, the company has launched a line of snacks made with whole grains and nuts.

Another trend that Mondelez is focused on is the growing demand for sustainable snacks. Consumers are becoming more concerned about the environmental impact of their food choices, and they are looking for snacks that are produced in a sustainable way. 

It is also meeting the growing demand for snacking on the go by offering convenient and portable snacks. For example, the company has launched a line of mini cookies that are perfect for snacking on the go.

FAQs

Who Owns Mondelez International?

Mondelez International is a publicly traded company, which means it is owned by its shareholders. Shareholders can include individual investors, institutional investors (such as mutual funds and pension funds), and anyone who holds shares in the company. 

Mondelez’s ownership is distributed among many shareholders who own its stock, and there isn’t a single individual or entity that owns the entire company. It is a multinational confectionery, food, and beverage conglomerate with a diverse ownership base.

Is Mondelez a Good Company?

The assessment of whether Mondelez International is a “good” company can vary depending on the perspective and criteria used for evaluation. Mondelez is a well-established company in the food and beverage industry, with popular brands like Oreo, Cadbury, Toblerone, and Trident, among others. It operates in numerous countries and generates significant revenue.

From a financial standpoint, Mondelez has historically been profitable and has paid dividends to its shareholders. Various factors, including market conditions, consumer preferences, and global economic trends, influence its performance. It’s important to note that like any company, Mondelez has faced its share of challenges and controversies, such as issues related to product ingredients, marketing practices, and environmental concerns.

Are Kraft and Mondelez the Same Company?

Kraft Foods and Mondelez International were once part of the same company before splitting into two separate entities. The split occurred in October 2012. Kraft Foods was divided into two distinct companies: Kraft Foods Group (now known as The Kraft Heinz Company) and Mondelez International. 

The decision to split was made to allow each company to focus on different aspects of the food and beverage industry.

How Many Employees Does Mondelez International Have?

As of my last knowledge update in January 2022, Mondelez International had around 80,000 employees worldwide. 

Please note that the number of employees at a company can change over time due to various factors. To obtain the most up-to-date information on Mondelez International’s current number of employees, I recommend checking their official website or recent financial reports.

What Company Owns Oreo?

Oreo is a brand of sandwich cookies that Mondelez International owns. Mondelez is a global snacking and confectionery company and owns a wide range of popular brands, including Oreo.

Who owns Nabisco?

Nabisco is also a subsidiary of Mondelez International. Mondelez International.

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