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July 21, 2026 · Daily Digest

Mars to shutter Newark headquarters

Mars to shutter Newark headquarters
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The confectionery giant is consolidating corporate functions in Chicago as part of a wider operational streamline.

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Mars has announced the closure of its Newark headquarters by 2027. This strategic shift will see corporate operations move to Chicago, resulting in 307 job cuts.

According to FoodNavigator Europe, the move is designed to streamline the company's internal functions. Mars aims to use this consolidation to drive innovation and improve its standing within the global confectionery and snacking sectors.

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