USA: Kraft Heinz to shed 2,500 jobs

USA: Kraft Heinz to shed 2,500 jobs

The newly-formed Kraft Heinz business is to cut 2,500 jobs in the USA and Canada as part of a rationalization programme, according to a report in VC Post.

According to VC Post, around 700 posts will be lost at the company’s headquarters in Northfield, Illinois. Kraft Heinz’s total workforce stands at 46,600, including 1,900 at the Northfield site. No factory posts are reportedly implicated in the restructure.

Michael Mullen, Kraft Heinz spokesperson, spoke of the move by saying: “We have developed a new streamlined structure for our organization to simplify, strengthen and leverage the company's scale. This new structure eliminates duplication to enable faster decision-making, increased accountability and accelerated growth".

Gulf News also reports that employees who work in sales, marketing and finance are expected to be among the most affected.

The reported job cuts come about six weeks after the merger between Kraft and Heinz closed.

Source: VC Post / Gulf News