The food giant cites rising costs as it prepares workforce reductions outside the U.S. in 2026 to protect margins.
Kraft Heinz will cut 400 jobs abroad in 2026 as part of a cost-saving initiative to counter persistent inflation. The company warned that higher input costs continue to squeeze profitability despite recent pricing actions.
The move follows a broader trend of food manufacturers adjusting operations to maintain margins amid elevated commodity and labor expenses. Kraft Heinz had previously signaled cost-control measures but did not specify the scale until now.
Shares showed limited reaction in after-hours trading, reflecting investor focus on the company’s ability to offset inflationary pressures through restructuring.