The Kraft Heinz Co. began the process of cutting 2,500 jobs across facilities in the U.S. and Canada by laying off 700 employees at the company’s corporate headquarters in Northfield, IL.
The anticipated job cuts, which took effect immediately, were part of a cost-cutting plan, the Chicago Tribune reports. Michael Mullen, Kraft Heinz's senior vice president of corporate and government affairs, wrote in an email to the source, "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."
The Kraft Heinz Co. announced the completed merger between Kraft and Heinz in July, creating the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world.
Kraft Heinz previously confirmed that the company would move its operations from Northfield to downtown Chicago in early 2016, while also maintaining its second corporate headquarters in Pittsburgh, PA, Biz Journals reports.
