Heinz, the eponymous maker of the baked beans and ketchup, has revealed it is to slash up to 1,000 jobs globally, after it delivered a 14 per cent jump in full-year profits.
As part of plans to deliver cost savings and productivity gains, Heinz plans to close five factories, including two in Europe, two in the US and one in the Pacific region, leaving it with 76 factories around the world. The food manufacturer expects to cut its global workforce by between 800 and 1,000. One of the European facilities earmarked for closure is its Miedzychod factory in Poland.
A Heinz spokesman declined to comment on any potential UK job losses. But he said: "We are evaluating potential options elsewhere in Europe. As we know, no decision can be taken in Europe until the appropriate consultation has taken place with relevant works councils, unions and employees."
He said that its plans will be subject to consultation with the appropriate bodies, including trade unions, as required by law, adding: "Until then it would be wrong to speculate on any location."
Last year, Heinz grew net income by 14 per cent to more than $1bn, on revenues up by 2 per cent to $10.7bn.Reuse content