Sign up today and save up to 83% on a Hartford Courant digital subscription

Warren Buffett

Kraft Heinz moving to cut 2,500 jobs; effect on Pittsburgh positions unclear

PITTSBURGH The new Kraft Heinz Co. is moving to cut about 2,500 positions in the U.S. and Canada, including about 700 from suburban Chicago headquarters of the former Kraft Foods Group. The company, which was formed in early July by merging Pittsburgh's H.J. Heinz Co. and Kraft Foods, has been widely expected to trim jobs and operations as it works to form a more efficient, profitable company. When a joint venture of Warren Buffett's Berkshire Hathaway and Brazilian private investment group 3G Capital acquired Heinz two years ago, thousands of jobs were cut, while factories were closed and worked shifted to other locations. How many jobs in Pittsburgh will be affected by this...