Kraft Heinz will cut $2 billion in costs and will reinvest in its brands – Chicago Tribune

Production line of Easy Mac Macaroni & Cheese Cups at Kraft Foods manufacturing plant in Champaign on Friday, March 27, 2020. Kraft Foods produces Macaroni and Cheese, Miracle Whip, Kraft mayonnaise and salad dressings in this facility. (Zbigniew Bzdak/Chicago Tribune)Kraft Heinz plans to cut $2 billion in costs over the next five years and put the savings into marketing brands with the highest potential for growth, part of a reorganization the legacy food maker hopes will make it more relevant to consumers.

Source: Kraft Heinz will cut $2 billion in costs and will reinvest in its brands – Chicago Tribune