GFM Network News

Kraft Heinz to cut 2,500 jobs in Canada, U.S.

Reuters — Kraft Heinz Co. said it will eliminate 2,500 jobs in the U.S. and Canada, including about 700 at its Chicago-area headquarters. Heinz, backed by Warren Buffett’s Berkshire Hathaway and Brazilian private equity firm 3G Capital — known as an aggressive cost-cutter — combined with Kraft in March in a $46 billion deal that […] Read more

Agriculture Financial Services Corporation closing nine offices

The province is closing nine offices of the Agriculture Financial Services Corporation as part of its deficit reduction efforts. Sixteen people will lose their jobs, 14 vacant positions won’t be filled, and seven employees have been offered transfers to other branches, said AFSC spokesperson Nikki Booth. As of May 1, eight branches will be closed, […] Read more