Heinzs new owners announce latest plans to reduce jobs

Heinz's new owners announce latest plans to reduce jobs

Over 200 Heinz workers in the UK and Ireland could lose their jobs as the ketchup maker's new owners set out more plans to streamline the business.

Heinz has put forward proposals for a new structure for its operations in the UK and Ireland, which it said could lead to 248 office jobs being cut. The plans are subject to consultation.

"The difficult actions we are proposing to take will, if implemented, better position the company to support and fund our next chapter of growth while further strengthening our world-leading brands," Heinz said. "Our new organisational structure will simplify, strengthen and leverage the company's global scale, while enabling faster decision-making, increased accountability and accelerated growth."

Last week, Heinz announced plans to lay off 600 staff in the US and Canada - including 350 workers at the company's head office in Pittsburgh.

Heinz was acquired by Warren Buffett's Berkshire Hathaway investment fund and private-equity firm 3G Capital in June in a deal worth US$28bn. There has already been a series of management changes, including the appointment of former Burger King CEO Bernardo Hees as chief executive. Hees was brought in as Burger King CEO when 3G acquired the US fast food chain in 2010.

Show the press release

Heinz UK & Ireland Restructuring

As part of our transition to a private company, the Senior Leadership Team has examined every part of our global business to better position Heinz for accelerated growth in a very competitive global market.

After a comprehensive evaluation process, the Company has developed a proposed new streamlined structure for Heinz UK & Ireland. Unfortunately, the proposals may result in a number of difficult organizational changes, including the elimination of 248 office positions across the UK and Ireland. We regret the impact this may have on Heinz employees and their families.

The proposal is subject to a consultation process with employees and their representatives, and Heinz is committed to ensuring all employees are treated with the utmost respect and compassion.

In the event that after consultation a decision is made to proceed with the proposals, the Company would offer enhanced severance benefits plus outplacement services to help make the transition as smooth as possible, and to help affected employees pursue new career opportunities.

The difficult actions we are proposing to take will, if implemented, better position the Company to support and fund our next chapter of growth while further strengthening our world-leading brands. Our new organizational structure will simplify, strengthen and leverage the Company’s global scale, while enabling faster decision making, increased accountability, and accelerated growth.

Original source: Heinz UK & Ireland