Unions need to push for a new direction at Kraft Heinz
...financial short-termism. There will be a new CEO of Kraft Heinz in July 2019 and more detailed plans for the future are likely to be revealed soon. Kraft Heinz has...
Workers must prepare for new cost-saving drive as KHC struggles with rising interest rates
...like Kraft Heinz could borrow virtually free money. However, the United States Federal Reserve has planned to “lift short-term rates by a quarter of a percentage point three times in...
What happens when the shark runs out of water for the feeding frenzy?
For many, Kraft Heinz/3G Capital’s business model is old news – though not for the thousands who have lost their jobs due to the company’s aggressive cost cutting. 3G loads...
KKR, the new boss at Unilever spreads
...the expanded returns it has promised investors in the wake of the failed Kraft Heinz/3G bid. Will private equity ownership mark a significant change? Much depends on how the deal...
More aggressive cost cutting at Kraft Heinz
Kraft Heinz (KHC) continues to struggle with sales growth as consumer demands shift particularly in developed countries towards healthy, natural and organic foods. Slow growth in consumer spending and retailer...
Spreads division for sale: what next for Unilever workers?
...February’s failed Kraft Heinz takeover bid. The key features include: – Selling off the spreads division which was spun off as a stand-alone entity in December 2014. The spreads, essentially...
Kraft Heinz’ failed bid for Unilever
...less debt dependent way. Investments in the workforce would also be advantageous driving productivity and improved morale amongst those who have help build Kraft Heinz and its predecessor companies-Kraft Heinz’...
Kraft Heinz/3G Capital: Who might be next?
...and Mondelez. Restructuring is also a natural side effect of 3G’s model. IUF Kraft Heinz unions and their members must be well organized to face Kraft Heinz and other 3G...
Mondelez no longer pursuing Hershey: What now?
...has increased profits by squeezing workers and continuous restructuring, we may see another merger or acquisition involving Mondelez in the future. Kraft Heinz, PepsiCo’s Frito-Lay division and General Mills are...
Highlights from Kraft Heinz Second Quarter 2016 Results: Why IUF Affiliates Should Be Interested
On August 4, 2016 Kraft Heinz reported its Second Quarter results for the 2016 Fiscal Year (FY). There were notable items in the Company’s report and in analyst commentary. Consumer...
KRAFT deal: What should H.J.HEINZ workers expect?
H.J Heinz Co and Kraft Foods Group merged into the single Kraft Heinz Company on March 25, subject to regulatory approval which is expected later this year. What should Heinz workers...