H. J. Heinz Company

Heinz axed 24% of workforce since April 2013, Kraft Q2, Heinz Q2

New CEO looks to generate 'aggressive, run-rate cost savings of $1.5bn by the end of 2017'

Heinz has slashed almost a quarter of its workforce since April 2013, SEC filings reveal

By Elaine Watson

Heinz has slashed just under one quarter (23.8%*) of its workforce since April 2013 as part of a ‘restructuring and productivity’ drive at the ketchup giant, which was acquired by private equity firms 3G and Berkshire Hathaway in June 2013, and tied the...


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