Kraft Heinz to cut 2,500 jobs in U.S., Canada

August 12, 2015 12:41 PM

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Kraft Heinz Co (KHC.O) said it will cut 2,500 jobs in the United States and Canada as part of its cost cutting initiatives following the creation of the company through the $46-billion merger of ketchup maker H.J. Heinz with Kraft Foods.

Of the total job cuts, 700 will be in Kraft Heinz's Northfield, Illinois headquarters, spokesman Michael Mullen in an emailed statement to Reuters.

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