"Heinz cutting 600 jobs in US, Canada" by Kevin Begos | Associated Press, August 14, 2013
PITTSBURGH — Food company H.J. Heinz Co. is eliminating 600 jobs across the United States and in Canada, including 350 in Pittsburgh, nearly a third of its operation there, it said Tuesday.
The company was sold in June and the layoffs were the result of a review of operations, spokesman Michael Mullen said. They’re intended to enable faster decision-making, increased accountability, and accelerated growth, he said.
Mullen said that as part of the transition to a private company, the Heinz leadership ‘‘examined every piece of our business to better position Heinz in a very competitive global market’’ and that review ‘‘resulted in a number of difficult but necessary organizational changes.’’
Warren Buffett’s Berkshire Hathaway and the Brazilian investment firm 3G Capital bought the company in a $23.3 billion deal.
Heinz is offering severance packages and outplacement services to people who lost jobs, Mullen said.
Oh, that's so nice!
Mullen said Heinz will remain headquartered in Pittsburgh, where it was founded in 1869.
Time for lunch, folks!
Hope Buffett doesn't get too fat on those tax subsidy checks from Massachusetts taxpayers.
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Story left me feeling a little empty as they didn't mention the alleged SEC investigation into insider trading that benefited the new Secretary of State John Kerry.
"Chipotle Mexican Grill reviewing meat policy" Associated Press, August 14, 2013
NEW YORK — Chipotle Mexican Grill is reviewing a change to start using beef that has been treated with antibiotics, but said no decision has yet been made on the matter....
Now you know what is giving you the shits.
Chipotle started transitioning to meat without antibiotics or hormones in 1999, said a spokesman for the chain. He said the company reached its goal of switching over its supply entirely a couple years ago. But more recently, he said, it was running into difficulty securing enough supply of meat that met its standards.
Uh-oh, all us useless eaters of the world. The shit is about to hit the fan.
Do you really know what is in that burrito?
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Globe doesn't taste the same without condiments.
