Heinz http://wesa.fm en Heinz Cuts Employees After Investment Firm Acquisition http://wesa.fm/post/heinz-cuts-employees-after-investment-firm-acquisition <p>Global ketchup manufacturer H.J. Heinz Company recently <a href="http://www.bizjournals.com/pittsburgh/news/2013/08/13/heinz-cuts-600-jobs-350-in-pittsburgh.html?page=all">announced </a>a layoff of 350 employees in the Pittsburgh region. This follows a $28 billion <a href="http://wesa.fm/post/heinz-announces-layoffs-350-lose-jobs-pittsburgh">acquisition</a> by investment consortium Berkshire Hathaway and their affiliate 3G Capital.</p><p>The company has not yet disclosed how much the layoffs will save them. Pittsburgh Business Times manufacturing reporter Justine Coyne says cutbacks are not unusual during an acquisition, but because of Heinz’s historic connection with the city, many locals are hurting.</p><p> Wed, 14 Aug 2013 19:23:15 +0000 Katherine Blackley 14866 at http://wesa.fm Heinz Cuts Employees After Investment Firm Acquisition Heinz Announces Layoffs; 350 to Lose Jobs in Pittsburgh http://wesa.fm/post/heinz-announces-layoffs-350-lose-jobs-pittsburgh <p>Food company H.J. Heinz Co. is eliminating 600 jobs across the U.S. and in Canada, including 350 in Pittsburgh.</p><p>Heinz spokesman Michael Mullen says in a statement that employees were notified of the cuts Tuesday morning, about two months after the company was sold to private investors. Mullen says Heinz regrets the impact on Heinz employees and is offering enhanced severance packages.</p><p>Mullen says the cuts will better position Heinz for growth in a highly competitive global food market.</p> Tue, 13 Aug 2013 15:46:19 +0000 The Associated Press 14777 at http://wesa.fm Heinz Announces Layoffs; 350 to Lose Jobs in Pittsburgh New Owners Move Burger King CEO to Heinz Helm http://wesa.fm/post/new-owners-move-burger-king-ceo-heinz-helm <p>The new owners of Heinz are tapping Burger King CEO Bernardo Hees as the company's next top executive, a move that installs one of their own at the helm of the ketchup maker.<br><br>It also signals other big changes could be in store for the 144-year-old company, which had been run by CEO William Johnson for the past 15 years.<br> Fri, 12 Apr 2013 13:32:35 +0000 The Associated Press 7733 at http://wesa.fm