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OK lefties, go get'em!!

 

 

PITTSBURGH (AP) -- Food company H.J. Heinz Co. is eliminating 600 jobs across the U.S. and in Canada, including 350 in Pittsburgh.

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.

Mullen says the cuts will better position Heinz for growth in a highly competitive global food market.

In June Heinz was bought and taken private by Warren Buffett's Berkshire Hathaway and the Brazilian investment firm 3G Capital in a $23.3 billion deal.

Mullen says Heinz will remain headquartered in Pittsburgh. 

 
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I wonder how much Teresa Heinz Kerry, wife of Secretary of State John Kerry, got out of the recent buyout of Heinz?

 

She's got to have a serious investment problem on where to put the $ billions.

 

I wonder if any will see their way into any charities?

 

John Kerry is a well kept man.  But he keeps all his yachts over in Connecticut to avoid paying Massachusetts ad valorem taxes.  Cool guy!

Originally Posted by seeweed:

Someting that happens every day in the business world. Can't understand why there is even this thread. 

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Because a left winger bought it and laid off hundreds of people and we don’t hear an outrage like we would if a right winger had done the same thing.  Please check with you momma before posting.

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