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Kraft Heinz: 100 layoffs in Q1

(CercleFinance.com) - In a filing of its quarterly results with the SEC, Kraft Heinz says that it has laid off 100 employees in the first quarter out of the 400 job cuts that it plans to make under ongoing restructuring programs.


The agri-food group said that these measures resulted in costs of 27 million dollars over the first three months of the year, with total restructuring costs reaching 32 million dollars at the end of March.


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