UP TO 250 jobs in the UK and Ireland could be at risk, warned the company.
In a statement from the food firm they said it is “part of our transition to a private company, the senior leadership team has examined every part of our global business to better position Heinz for accelerated growth in a very competitive global market”.
It said that as part of this new “streamlined structure” there could be up to 248 office jobs lost.
The statement went on to say that the proposal is “subject to a consultation process with employees and their representatives” adding that Heinz is committed to “ensuring all employees are treated with the utmost respect and compassion.”
It added that if these changes were to go ahead within the company, they would be able to offer enhanced severance benefits and help affected employees to pursue new career opportunities.
The statement concluded:
The difficult actions we are proposing to take will, if implemented, better position the company to support and fund our next chapter of growth while further strengthening our world-leading brands.
Our new organisational structure will simplify, strengthen and leverage the company’s global scale, while enabling faster decision-making, increased accountability, and accelerated growth.
The company was sold in June to Warren Buffett’s Berkshire Hathaway and the Brazilian investment firm 3G Capital in a $23.3 billion deal.