H.J. Heinz Cutting 600 Office Positions -Report
August 13 2013 - 12:02PM
Dow Jones News
H.J. Heinz Co. is cutting 600 office positions in the U.S. and
Canada, two months after the food company was bought by Berkshire
Hathaway Inc. (BRKA, BRKB) and Brazilian private-equity firm 3G
Capital Management LLC, the Pittsburgh Post-Gazette reported
Tuesday on its website.
"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," spokesman Michael Mullen told the newspaper.
Full story at:
www.post-gazette.com/stories/business/news/new-heinz-owners-cut-600-jobs-including-350-in-pittsburgh-699153/
Write to nymonitoring@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Heinz H J (NYSE:HNZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Heinz H J (NYSE:HNZ)
Historical Stock Chart
From Apr 2023 to Apr 2024