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Kraft Heinz to trim 2,600 more jobs in cost-cutting push

Food company will also close seven factories in stages over the next 12 to 24 months

Published Thu, Nov 5, 2015 · 09:50 PM
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KRAFT Heinz Co, the food company that counts Warren Buffett's Berkshire Hathaway Inc as its largest shareholder, plans to eliminate about 2,600 jobs and close seven factories as management works to cut costs.

The moves, which are in addition to the 2,500 job cuts the company announced in August, will occur in stages over the next 12 to 24 months, said Michael Mullen, a spokesman. Kraft Heinz also said that it will move its Oscar Mayer unit to Chicago from Madison, Wisconsin, next year.

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