Kraft Heinz Is Dying a Death by a Thousand Cost Cuts

How one of the world’s largest food and beverage companies budgeted itself into a corner

Eric Gardner
Marker
Published in
11 min readFeb 23, 2020

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Photo: Nick M Do/Getty Images

HHow did things go so wrong for Kraft Heinz, one of the nation’s largest, most recognizable food companies that’s backed by one of the nation’s most beloved investors? In February, Kraft Heinz announced a 2.7% decline in net…

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