120 workers likley to be axed as iconic bakery closes
MORE than a hundred workers will be out of job early next year after George Weston Foods announced it would be closing its Top Taste bakery at Kedron.
The bakery, located on Gympie Rd, has been operating for more than 50 years but will close after GWF sold that arm of its business to Sydney-based Newly Weds Foods on Monday.
"Market conditions in Australia have been challenging for the category in recent years, with the Top Taste Kedron Bakery experiencing significant volume and customer volatility," a GWF representative told The Courier-Mail.
"The change will see 120 people affected."
Workers were recently told of the decision to close the bakery in March and a GWF representative said they were already trying to redeploy staff within the company.
"We employ approximately 500 people in these businesses across Queensland and we will prioritise the Kedron bakery employees for any relevant vacancies," they said.
"The business is already underway with one-on-one discussions around redeployment opportunities, as well as support from the business and third-party group Lee Hecht Harrison in providing career transition services."
Newly Weds Foods is expected to employ approximately a dozen key Top Taste bakery staff in Sydney, they said.
The future of the 3.63 hectare site, which is zoned light industry, is yet to be determined.
According to real estate website Core Logic, the site was valued in June at $8.7 million.
The GWF spokesperson said any decisions relating to the sale or use of the site after the bakery closes would rest with their parent company Associated British Foods.
"Once the site has been closed, the property will be handed back to our parent company Associated British Foods. Any future decisions on the property will be managed by them," they said.
"While any business decision that impacts its people is always a very difficult one, this change ensures GWF remains a sustainable daily fresh business in a dynamic and changing industry."