More than 100 jobs are at risk at a bread factory in Greater Manchester.
Warburtons bakery in Bolton said it planned to lose 121 posts as it invests £25m in a new state-of-the-art site.
Two of the existing bread plants at the company's headquarters in Hereford Street will close and merge, a spokeswoman confirmed.
"The investment to make it a state-of-the-art factory shows we plan to stay in Bolton, but unfortunately this has led to some redundancies," she added.
Paula de Valle, human resources director, said the firm had begun a three-month consultation period when the proposed job cuts would be discussed.
She said: "We appreciate this will be a difficult time for everybody working at our Bolton site and our focus will be on working closely with our employees and their representatives to discuss the proposal and explore all possible alternatives during the consultation period."
Based in Bolton, the firm has 11 bakeries across the UK with 3,300 employees and makes about a million products a day.
The company was created by the Warburton family in 1876.