Baxters Food Group cuts jobs amid inflationary pressures

Baxters Food Group, a historic Scottish firm known for its soups and preserves, has confirmed that it has made a number of staff layoffs due to “unprecedented” inflationary pressures.

Rising costs and supply chain issues

The company, which was founded in 1868 and is based in Fochabers, Moray, said that it had to take “difficult decisions” to protect its long-term future and competitiveness. It did not disclose how many jobs were affected, but said that it had consulted with the employees and their representatives.

Baxters said that it was facing rising costs of raw materials, packaging, energy and transport, as well as supply chain disruptions caused by the Covid-19 pandemic and Brexit. It said that these challenges were “beyond our control” and had a “significant impact” on its margins and profitability.

The company said that it had tried to mitigate the inflationary pressures by increasing its efficiency, productivity and innovation, but that these measures were not enough to offset the cost increases. It said that it had to adjust its cost base and streamline its operations to remain competitive and sustainable.

A proud Scottish heritage

Baxters is one of Scotland’s oldest and most iconic food brands, with a history of over 150 years. It started as a small family business, making jams and preserves from local fruits and vegetables. It later expanded into soups, sauces, chutneys, pickles and other products, using traditional recipes and methods.

The company is still owned and run by the Baxter family, with Audrey Baxter as the executive chairman and fourth-generation leader. It has grown into an international food group, with operations in the UK, Europe, North America and Australia. It employs over 1,000 people worldwide and sells its products in over 50 countries.

Baxters Food Group cuts jobs amid inflationary pressures

Baxters is also known for its social and environmental responsibility, supporting local communities, charities and causes. It has a restaurant and retail outlet in Fochabers, which attracts thousands of visitors every year. It also has a heritage centre, which showcases the history and culture of the company and the region.

A resilient and innovative future

Baxters said that despite the current challenges, it remained confident and optimistic about its future. It said that it had a strong brand, loyal customers, dedicated staff and a diverse portfolio of products. It said that it was committed to investing in its growth, innovation and quality, as well as supporting its stakeholders and the environment.

The company said that it was grateful for the understanding and support of its employees, customers, suppliers and partners during this difficult time. It said that it hoped to emerge from this period as a more resilient and competitive business, ready to face the future opportunities and challenges

By Ishan Crawford

Prior to the position, Ishan was senior vice president, strategy & development for Cumbernauld-media Company since April 2013. He joined the Company in 2004 and has served in several corporate developments, business development and strategic planning roles for three chief executives. During that time, he helped transform the Company from a traditional U.S. media conglomerate into a global digital subscription service, unified by the journalism and brand of Cumbernauld-media.

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