The AMWU is working to ensure the jobs of almost 2000 Cadbury workers remain in Australia after the company accepted a takeover bid from US food giant, Kraft.

AMWU Tasmanian Secretary, Anne Urquhart, said that the union was seeking meetings with management about the future of its operations in Tasmania and regional Victoria.

“Cadbury is a very profitable business as it stands and we are waiting to hold discussions with Kraft to ensure Cadbury has a clear future in Australia.

Ms Urqhart said that workers are anxiously awaiting news on the security of their jobs.

“The situation at the moment is that workers have not been told what their future will be. The only thing that is certain is that the former CEO and board members personally will gain enormously from the takeover, while workers have had no guarantees.

“We are also concerned by the pattern of management in takeover situations to look at short-term options such as selling off parts of the business to pay down debt.

“We do not believe such a move would be in the long-term interest of the company, the workers or consumers who enjoy their products. Rationalisation to achieve short-term share price spikes at the expense of long-term planning and investment has been a hallmark of the disasters of the financial crisis and ruined many good businesses.