Tetra Pak To Cut 300 Jobs As Jurong Factory Shuts
Tetra Pak announced that it will close its packaging material production in Jurong and consolidate the Singapore-based production into its other factories in the region. This shift will take place over the next 12 months and is part of the company’s continuous strategy to optimise its global manufacturing footprint, serve customers better and adapt to the changing market dynamics. The company will maintain a strong business presence in Singapore to support its global growth with core operational functions, including business management, project centres, IT, human resources, finance and marketing functions.
About 300 employees impacted were informed, and discussions have been set up throughout this week to offer new opportunities or outplacement support.
Tetra Pak will relocate its corporate office to a new location in Singapore by the end of the year. This will be one of its largest offices in Asia Pacific, with a capacity of up to 250 people.
