Kraft Heinz announces 2,500 job cuts

kraftKraft Heinz Co. will layoff 2,500 employees from its U.S. and Canada branches, the company announced early Wednesday.

Heinz merged with Kraft in March, and the $46 billion deal formed the third-largest North American food company. The Kraft Heinz Company, as it is now known, employees 46,000 workers, including about 1,900 at its headquarters in Northfield, Ill. The 2,500 announced layoffs includes 700 workers from company headquarters.

The company has run a manufacturing plant in Columbia, Missouri for the last 30 years where it has a planned $114 million investment in equipment and infrastructure that would cause about 150 full-time layoffs. Earlier in July, the company was seeking a 75 percent property tax break for 10 years for this project.

Kraft Foods also has a cheese processing plant in Springfield, Missouri that celebrated its 60th anniversary last year. The Springfield plant employs more than 800 full-time workers as well as part-time employees and last year invested around $100 million to update technology.

It’s not yet confirmed if the layoff decision by the company would impact its plants in Missouri as Michael Mullen, Senior Vice President, Corporate & Government Affairs at the Kraft Heinz Company didn’t disclose any such plans.

He said in an email statement, “We are not breaking down the number with the exception of our co-headquarters in Northfield. Today’s announcement is related to our salaried workforce across the U.S. and Canada.”

The company, however, will continue to evaluate its combined global manufacturing footprint “to make sure it’s operating as efficiently and effectively as possible,” he said.

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