| Kettle Produce Ltd is one of the biggest suppliers of prepared vegetables to UK retailers and employs 950 people across its two sites near Cupar.
Due to the turbulent economy, the company says it has had to look at possible redundancies and is in consultation with representatives from the trade union USDAW over restructuring.
The company added that it aims to re-deploy the majority of the affected employees to other posts within the company.
A 30-day consultation will start today after which a final decision will be made on job losses.
Susie McIntyre, Kettle Produce managing director, said, “We simply have to respond to the present economic situation.
“Already the financial results for this year show that, after six months, the company is trading significantly behind previous years and is now forecasting a loss for 2008/9.”
She continued, “We have experienced a difficult trading period over the last six months in what is a fiercely competitive market.
“We have no option but to take steps to safeguard the wider interests of the business.
“We will be working closely with representatives from USDAW to ensure that members of staff have the opportunity to take advantage of the alternative roles which will be made available.”
In 2005, the company announced a restructuring exercise that affected 226 roles within the organisation. It resulted in 39 employees being made redundant. |