A Newport bakery which employs 650 workers will close.
Avana Bakeries first announced that jobs were at risk in February, after the loss of a major cake contract.
Company bosses said their priorities is to minimise the number of redundancies by looking to redeploy staff to other areas.
In a statement, the company said: "We will now work with all our colleagues and our customers to implement a phased closure, which we anticipate will end by summer."
More top news
Sarah Grant has said that the pressures and anxiety caused by the lockdown made her relapse and start gambling again.
Steve, his wife Becky, and their children were able to see Becky's parents, who live a few miles apart, within the new travel guidelines.
The family of a woman with terminal cancer have spoken of the pain of saying goodbye to her amid the coronavirus pandemic.