Tulip began a consultation period with its employees in April
Managers at a meat processing company in west Cornwall say there will not be any compulsory redundancies after consultations with staff.
Tulip Foods announced in April that it would cut more than 90 posts at the Redruth plant.
The company employs about 2,000 people in Cornwall - with 717 in Redruth.
Tulip says compulsory job losses will be avoided through a number of factors, including natural wastage and securing additional volumes of productivity.
The company, whose Launceston factory was closed in 2006, is a major employer in west Cornwall.
It cited spiralling costs in raw materials as partly to blame for the need to cut staffing levels at the bacon-packing plant.
"As a major local employer we take our responsibilities to our community very seriously," said Drew Weir from Tulip.
"It has always been, and will remain, our intention to provide as many employment opportunities as possible while maintaining the ongoing profitability of our operation."