Kraft Heinz Co. said it plans to cut $2 billion in costs over five years, returning to the strategy that drove the company’s formation in a merger five years ago.
Chief Executive Miguel Patricio said in an interview that the company would make cuts more strategically than during the tenure of his predecessors, when the company’s brands lost billions of dollars in value. Mr. Patricio, who became CEO last year, said he plans to use some of the savings to re-energize sales of certain brands, increasing marketing spending by...
Source: News Formal (newsformal.com)
https://lostmary-flavours.com
But city, state or federal gov’t never do the same
PierrePcouture Nothing to do with Trump or America, the owner are Brazilian and doing same thing with all their ownership!!!
They're always playing catch up. $KHC
Why is processed food always cheaper than real food and every one is worried about chem-trails?
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