Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant
Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in Louisville
Brown-Forman to cut about 12% of global workforce as part of restructuring
Brown-Forman said on Tuesday it will lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid weak alcohol demand.
Brown-Forman cutting global workforce, closing barrel-making operation in Louisville
LOUISVILLE, Ky. (WDRB) -- Louisville-based Brown-Forman announced a corporate restructuring that will cut 12% of its global workforce of 5,400 employees. In a news release Tuesday, the spirits company did not detail how many of those cuts were at the Louisville headquarters.
Brown-Forman Lays Off 12% of Workforce
Brown-Forman, the parent company of Jack Daniel's whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 employees.
Brown-Forman closing Louisville cooperage, reducing global workforce by 12%
Brown-Forman Corporation announced Tuesday morning that it is closing its cooperage in Louisville and laying off 12 percent of its workers across the globe.
Brown-Forman to Cut 12% of Workforce in Restructuring
Brown-Forman named new executives and said it will cut about 12% of its global workforce, or roughly 648 jobs, as it undergoes a restructuring aimed to position the company for growth amid a choppy global spirits market.
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
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Brown-Forman price target lowered to $39 from $46 at Citi
Citi lowered the firm’s price target on Brown-Forman (BF.B) to $39 from $46 and keeps a Neutral rating on the shares as part of a Q4 earnings ...
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Brown-Forman Unveils Strategic Measures & Restructures Executive Team
BF.B announces a line of strategic measures to aid growth. Such actions will simplify and streamline the company's structure.
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Brown-Forman slashes jobs as part of multi-pronged cost savings plan
The New York-listed business also plans to close a barrel-making facility in Louisville as executive changes announced.