Food company H.J. Heinz Co. is eliminating 600 jobs across the U.S. and in Canada, including 350 in Pittsburgh, nearly a third of its operation there, it said this month.
The company was sold in June and the layoffs were the result of a review of operations, spokesman Michael Mullen said.
Theyre 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.
Whirlpool buying stake in China firm
Whirlpool is buying a majority stake in Chinese appliance-maker Hefei Rongshida Sanyo Electric Co. Ltd. for about $552 million.
Whirlpool Corp., whose brands include KitchenAid, Maytag and its namesake, said the transaction will help it expand in China. CEO and Chairman Jeff Fettig said in a statement that the deal will give Chinese shoppers more products to choose from.
Hefei Sanyo had 2012 revenue of $636 million. Its brands include Sanyo, Rongshida/Royal Star and Diqua.