Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!Finance

Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!Finance

Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!Finance

Bimbo Canada recently made headlines with its decision to close its bakery in Lévis, Quebec, by July 1, 2024. The move comes as part of the company’s broader strategy to enhance operational efficiency, optimize capacity utilization, and reduce costs while maintaining its commitment to delivering high-quality products and services to customers. Although products from the Lévis bakery will now be baked at other facilities, primarily in Quebec, the closure will impact around 95 associates employed at the bakery.

The decision to shutter the bakery wasn’t taken lightly, as indicated by Marie-Ève Royer, President of Bimbo Canada. Despite investing over $500 million in Canada since 2014, with a significant portion allocated to Quebec, the company has faced challenges related to declining site utilization and production over time. Royer emphasizes Bimbo Canada’s dedication to fostering a sustainable business model aligned with long-term objectives.

In response to the closure, affected associates will receive severance packages, access to personal counseling, and ongoing outplacement services and workshops to facilitate their transition to new employment opportunities. While the closure marks a significant change for the Lévis community and Bimbo Canada’s workforce, the company remains committed to supporting its employees during this transition period………..full-loaf-600x400-1-e1700879832480 Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!Finance[read more]

Rising Dough

Rising-Dough-e1700879911412 Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!FinanceWhat role do strategic decisions like closing a bakery play in a company’s efforts to remain competitive while balancing the needs of investors, shareholders, and employees?

*Click on the “Full Loaf” icon to read the full article! After you read the full article, let us know your thoughts.

0 0 votes
Article Rating
stone-street-coffee-logo Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!Finance ☕️ **Discover Stone Street Coffee Company – Your Coffee Haven!** Today’s Dough readers, if you’re on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today’s Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street’s commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

Subscribe
Notify of
0ba8ab785ee8d755d3fc1106d3f3dcd6?s=56&d=mm&r=g Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!Finance

1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
a2e16c3afd48ea433638b95d99a3608a?s=64&d=mm&r=g Bimbo Canada to Close Bakery in Lévis, Quebec | yahoo!Finance
Guest
Santi Carrera
10 days ago

Closing a bakery is a strategic decision that helps companies stay competitive by cutting costs and improving efficiency. It’s important to balance the needs of investors, shareholders, and employees. Bimbo Canada’s commitment to supporting affected associates shows their dedication to a sustainable business model. If

Share this content:

0 0 votes
Article Rating
stonestreetcoffee.com ☕️ **Discover Stone Street Coffee Company - Your Coffee Haven!** Today's Dough readers, if you're on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today's Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street's commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

Subscribe
Notify of
guest

1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Santi Carrera
Guest
Santi Carrera
10 days ago

Closing a bakery is a strategic decision that helps companies stay competitive by cutting costs and improving efficiency. It’s important to balance the needs of investors, shareholders, and employees. Bimbo Canada’s commitment to supporting affected associates shows their dedication to a sustainable business model. If

1
0
Would love your thoughts, please comment.x
()
x
×