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Heinz cuts 350 jobs here, commits to Pittsburgh [John Kerry prefers profits over people!]
Pittsburgh Post-Gazette ^ | August 13, 2013 | Teresa F. Lindeman

Posted on 08/16/2013 5:02:05 AM PDT by grundle

The global ketchup maker spent Tuesday morning telling hundreds of workers that they would no longer have jobs with Heinz, as 600 office positions, including 350 jobs in Pittsburgh, were cut across the company's operations in the U.S. and Canada.

(Excerpt) Read more at post-gazette.com ...


TOPICS: Miscellaneous
KEYWORDS: johnkerry; pittsburgh
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John Kerry prefers profits over people!
1 posted on 08/16/2013 5:02:05 AM PDT by grundle
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To: grundle

I think we need a few words from Kerry’s wife about this, she has such a wonder way with them.


2 posted on 08/16/2013 5:07:18 AM PDT by Mouton (108th MI Group.....68-71)
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To: grundle

I thought grape laden terayza sold the business years ago ...


3 posted on 08/16/2013 5:07:39 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: grundle

Heinz was taken over by Warren Buffet’s Berkshire Hathaway. The guy who doesnt like profits and the guy who wants to pay more taxes. Warren buffet laid off people.


4 posted on 08/16/2013 5:08:27 AM PDT by swpa_mom
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To: Mouton

I think that company was sold off to Berkshire Hathaway. Its now Warren Buffets toy.


5 posted on 08/16/2013 5:08:27 AM PDT by chopperman
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To: grundle

Heinz was sold recently, I believe. Teresa has already cashed her check from her late husband’s share of the sale.


6 posted on 08/16/2013 5:08:56 AM PDT by txrefugee
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To: grundle

Occupy JF’nK’s yacht.


7 posted on 08/16/2013 5:09:10 AM PDT by Paladin2
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To: swpa_mom

You beat me by a measure of time that this website could not record accurately.


8 posted on 08/16/2013 5:09:51 AM PDT by chopperman
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To: grundle

He is not associated with the company management


9 posted on 08/16/2013 5:11:33 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: grundle

Micron just had a company wide review and cut 5 % of its employees Gestapo style with no warning, bringing in a big security force to ensure there were no nd making them leave, Obama style. Reason? They reviewed their files to see who was the most efficient because they track stats on their employees bean counter style. Those that weren’t were canned. Supposedly they weren’t being quite profitable enough and the company wants to make sure they have enough peofits to invest in more risky investments. Meanwhile families lives were destroyed for profitability yesterday. Welcome to Obama’s NWO.


10 posted on 08/16/2013 5:11:35 AM PDT by jsanders2001
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To: chopperman

Lol i see that. I also think its important to keep repeating it. Will a laid off employees’s wife be diagnosed with a disease and have it all be the fault of warren buffet?

I am sure the media will be right on it.


11 posted on 08/16/2013 5:13:53 AM PDT by swpa_mom
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To: knarf

The Heinz family had not been involved in the operation of the business for a long, long time. Even back in 2004 when everyone started hating Heinz because of Kerry, it was foolish.

It was a publicly traded company with professional, non-family management then.

Now it is held by Buffet’s group. Still no effect on the Heinz/Kerry family.


12 posted on 08/16/2013 5:14:05 AM PDT by SoothingDave
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To: grundle
Actually, Kerry's out of it and the whole thing kinda stinks.

Heinz was doing OK, not great, but profitable, and the board decided to go the private-equity route, so now they have the "promise of great efficiencies to be achieved" AND 24 BILLION in debt that they didn't have before.
13 posted on 08/16/2013 5:14:30 AM PDT by BikerJoe
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To: grundle

Prepping for Obamacare.


14 posted on 08/16/2013 5:14:34 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: grundle
Almost as soon as the plan was unveiled in February to sell the company founded in Sharpsburg more than a century ago to a joint venture of Berkshire Hathaway and 3G Capital, speculation began that the new owners would need to cut costs to make the $28.75 billion deal a good investment.

And Brazilian investment group 3G Capital, where new Heinz CEO Bernardo Hees is a partner, has a track record of trimming headquarter operations, something that happened both at Burger King and Anheuser-Busch when 3G took over those companies. Mr. Hees, formerly CEO at Burger King, took over at Heinz on June 7 when the sale went through.


Where do you get John Kerry has anything to do with this?
15 posted on 08/16/2013 5:15:05 AM PDT by sjm_888
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To: jsanders2001

Obama did not invent layoffs or the use of security to escort laid off people out. Not everything bad started after the 2008 election.


16 posted on 08/16/2013 5:15:19 AM PDT by SoothingDave
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To: SoothingDave

Every once in a while we have o find a way to out liberal spies in our midst. Thanks for responding...; )


17 posted on 08/16/2013 5:16:53 AM PDT by jsanders2001
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To: jsanders2001

What are you talking about, newbie?

There is enough to blame Obama about without making up stuff. Seriously. Obama did not invent layoffs after corporate takeovers. And he did not invent having security watch laid off employees as they pack up and leave.

Get a grip.


18 posted on 08/16/2013 5:19:17 AM PDT by SoothingDave
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To: grundle
Good Morning, Lurch has nothing to do with it. As much as I dislike the man you can't lay this at his feet.

Teresa's money came from John's estate, and neither she or Lurch have anything to do with the running of the company.

This is a Berkshire Hathaway issue, but the good reputation of former management will be besmirched by the BH experts :(

19 posted on 08/16/2013 5:19:56 AM PDT by North Coast Conservative (If this be treason, make the most of it. - Patrick Henry)
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To: SoothingDave

The environment he created with his policies is having a very negative causation effect on our economy. I have a grip. I see the bigger picture.


20 posted on 08/16/2013 5:22:16 AM PDT by jsanders2001
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