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Kraft, Heinz Employees Anxious Over Impact Of Merger

WESTCHESTER COUNTY, N.Y. -- Shareholders of Kraft Foods and Heinz may be seeing dollar signs as a result of the two companies merging, but employees are now living in fear with visions of the unemployment line, according to Business Insider. 

The merger of Kraft and Heinz could mean a reduction in workforce.

The merger of Kraft and Heinz could mean a reduction in workforce.

Photo Credit: Wikimedia Commons

The merger, which was facilitated by Warren Buffett and the private equity firm 3G Capital hailed the move as a cost savings venture that could save an estimated $1.5 billion, Business Insider reported. 

Those savings, however, will come in the reduction of redundancies which could include the closure of warehouses and office space as well as a reduction in workforce, Business Insider said. 

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