PITTSBURGH Aug 13 H.J. Heinz Co, the world's
largest ketchup maker, said on Tuesday it plans to eliminate 600
jobs across North America.
The move follows the $28 billion sale of the company to
Warren Buffett's Berkshire Hathaway Inc and private
equity firm 3G Capital earlier this year.
"Our new organizational structure will simplify, strengthen
and leverage the company's global scale, while enabling faster
decision making, increased accountability, and accelerated
growth," said Michael Mullen, a Heinz senior vice president.
The eliminated positions are all white collar jobs, with 350
layoffs to take place in Pittsburgh, where the company plans to
remain headquartered. The cuts follow a June management shakeup
that saw 11 top executives leave the company.
After the cuts are complete, the company will still employ
about 6,000 people across North America, including 800 around