USA: Heinz to terminate nearly 2,000 jobs, tuna plants to close
Pittsburgh-based food company Heinz has announced that it will soon have to give redundancy slips to nearly 2,000 employees, 4% of its workforce, because of struggling sales in its tuna and pet food businesses. The US producer best known for its popular baked beans and tomato ketchup ranges has not enjoyed a particularly profitable Q3, which ended on 31 January. In an uninspiring earnings report it blamed prohibitive costs and falling sales at the
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