MAJOR LAYOFFS ANNOUNCED Famous chocolate chain to eliminate 70 positions

April 26, 2026

TL;DR

Ritter Sport will reduce its workforce for the first time in over 100 years.
Around 70 jobs, or 10% of the headquarters staff, are to be cut in Waldenbuch.
The layoffs are part of a broader cost-cutting strategy.
The company's financial results were impacted by increased costs for raw materials, energy, and packaging, alongside decreased demand.
Ritter Sport incurred a loss in 2025 and had weaker-than-planned operating profit.
Record cocoa prices have also added financial pressure, though they have recently started to decrease slightly.
Chocolate prices in Germany saw an average increase of 71% in March compared to 2020.

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