Kraft Heinz Lays Off 700 in Northfield

About 700 employees of Kraft Heinz headquarters in Northfield were laid off on Wednesday, part of a cost cutting plan the joint company has to slash 2,500 jobs in the United States and Canada.

The cuts will take place immediately, but employees affected are expected to get “generous” severance benefits that will last for at least six months, according to the Chicago Tribune.

H.J. Heinz purchased Kraft Foods in July to form Kraft Heinz, one of the largest food and beverage companies in the world.

Employees in Northfield were told last month to limit travel and meal costs amid an announcement that free snacks were also off the table.

The joint company also announced an impending move for their Midwest headquarters from Kraft’s base in Northfield to the Aon Center in downtown Chicago.

more via the Chicago Tribune