Bloomberg News

Buffett-Backed Heinz Weighs Almost 250 Job Cuts in U.K., Ireland

August 21, 2013

HJ Heinz Co., the ketchup maker taken private this year by Warren Buffett’s Berkshire Hathaway Inc. (A:US) and Jorge Paulo Lemann’s 3G Capital, said its weighing job cuts in the U.K. and Ireland.

“Heinz continues to examine every aspect of our business globally to ensure we are operating as efficiently and effectively as possible in order to reach our growth goals,” Michael Mullen, a spokesman for Pittsburgh-based Heinz wrote in an e-mailed statement. Proposals “may result in the elimination of 248 office positions across the U.K. and Ireland. We regret the impact this may have.”

SkyNews previously reported on the potential job cuts.

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net


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