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

Kraft Heinz Co said it will eliminate 2,500 jobs in the United States and Canada, Reuters reported. Heinz, backed by Berkshire Hathaway Inc and Brazilian private equity firm 3G Capital, known as an aggressive cost-cutter, combined with Kraft in March in a US$46 billion deal that created the third-largest North American food company.

DealsCanadaNorth AmericaBriefs