facebook
twitter
rss
account
search
search
 

Heinz announces layoffs of 600 office staff in U.S. and Canada

Aug. 14, 2013 at 12:49 AM   |   Comments

PITTSBURGH, Aug. 14 (UPI) -- The new owners of H.J. Heinz announced Tuesday 600 office jobs are being cut, 350 in Pittsburgh and the rest elsewhere in the United States and Canada.

Employees were notified of the impending layoffs, the Pittsburgh Post-Gazette reported.

Heinz was acquired in February by Berkshire Hathaway, the investment company founded by Warren Buffet, and 3G Capital, a Brazilian investment group, for more than $28 billion. Cutbacks had been expected.

"As part of our transition to a private company, the senior leadership team has examined every piece of our business to better position Heinz for accelerated growth in a very competitive global market," Michael Mullen, senior vice president of corporate and government affairs, said.

Mullen said the layoffs all involve salaried workers but did not go into details.

The company began in western Pennsylvania in the 19th century as a small food-packing operation run by Henry J. Heinz. It grew to be a worldwide food company known for its ketchup and its "57 varieties" of soup.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
New Navy sub ready for outfitting, testing New Navy sub ready for outfitting, testing
2
New F-35 sustainment system undergoing flight testing New F-35 sustainment system undergoing flight testing
3
Scrap South Stream, Europe says Scrap South Stream, Europe says
4
Apple to authorities: No iPhone user data, even with a warrant Apple to authorities: No iPhone user data, even with a warrant
5
Home Depot says 56M credit, debit cards compromised Home Depot says 56M credit, debit cards compromised
Trending News
Video
x
Feedback