Heinz layoffs: Heinz cuts 600 jobs in U.S. and Canada, The Heinz layoffs are being blamed on operational costs and consolidation efforts. ABC News reports on Aug. 13 that Heinz plans to cut 600 jobs in the U.S. and Canada. The company is currently owned by Warren Buffett’s Berkshire Hathaway Inc. and 3G Capital.
Heinz was sold to Berkshire Hathaway Inc. and 3G Capital for $28 billion earlier this year. H.J. Heinz Co. plans to lay off 600 people at two locations. In Pittsburgh, 350 people will lose their jobs as the company works on restructuring and reducing costs. Michael Mullen explained, “After a comprehensive evaluation process, the company has developed a new, streamlined structure for Heinz North America.”
The headquarters for Heinz will stay in Pittsburgh, and 800 people will still be employed at this location. However, it is allegedly planning to move its office location, reduce its presence at the 57 Heinz Center building and sublease part of its space. Heinz does not appear to have any plans to move out of the Keystone Summit Corporate Center in Marshall. Management at the Keystone center is not aware of Heinz’ plans to relocate from this location, and points out it would be a costly move.
Rumors about layoffs at H.J. Heinz Co. have been circulating since June. The company is still in debt and owes $14 billion. Michael Mullen, a spokesperson for the company, presented the layoffs announcement as a way for the business to improve its efficiency by consolidating more jobs.
Heinz was sold to Berkshire Hathaway Inc. and 3G Capital for $28 billion earlier this year. H.J. Heinz Co. plans to lay off 600 people at two locations. In Pittsburgh, 350 people will lose their jobs as the company works on restructuring and reducing costs. Michael Mullen explained, “After a comprehensive evaluation process, the company has developed a new, streamlined structure for Heinz North America.”
The headquarters for Heinz will stay in Pittsburgh, and 800 people will still be employed at this location. However, it is allegedly planning to move its office location, reduce its presence at the 57 Heinz Center building and sublease part of its space. Heinz does not appear to have any plans to move out of the Keystone Summit Corporate Center in Marshall. Management at the Keystone center is not aware of Heinz’ plans to relocate from this location, and points out it would be a costly move.
Rumors about layoffs at H.J. Heinz Co. have been circulating since June. The company is still in debt and owes $14 billion. Michael Mullen, a spokesperson for the company, presented the layoffs announcement as a way for the business to improve its efficiency by consolidating more jobs.
