What’s driving Mondelēz?
Mondelez is a particularly aggressive employer because of its strategic reliance on high and unsustainable levels of debt for funding top management and large shareholders at the expense of investment in building a sustainable food business.
Because of its precarious financial structure and strategy, Mondelez relies on short-term fixes and aggressive cost cutting to boost margins rather than increasing sales volume and investing in innovation. But costs cannot be endlessly cut before they endanger the business as a whole.
Read more in the latest IUF Mondelez Union Network: click here to read, download and distribute!