Jack Daniel's Parent Company Is Laying Off 12% of Its Workforce as Whiskey Market Wanes
Brown-Forman, the parent company behind major American whiskey brands Jack Daniel's and Woodford Reserve, announced that it was cutting 12 percent of its global workforce and selling its Louisville cooperage.
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
Workers ‘blindsided’ as Brown-Forman cuts global workforce, including more than 200 Louisville jobs
Cutbacks at Brown-Forman include closing its cooperage in Louisville, putting 210 employees out of work. Wood and others were allowed to go home with pay after company officials made the unexpected announcement.
Struggling Brown-Forman changes marketing leader, cuts jobs
Jack Daniel’s owner Brown-Forman is reducing its workforce by 12% as it battles a slow spirits market and foreboding trends.
Jack Daniels' parent Brown-Forman is cutting its workforce
Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as
Brown-Forman to cut about 12% of global workforce as part of restructuring
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. The company has struggled with high input costs,
Brown-Forman To Cut Workforce By Approx. 12%; To Close Louisville-based Barrel-making Operation
Brown-Forman (BFA,BFB) announced a series of strategic initiatives, which include restructuring the executive leadership team,
Brown-Forman Corp. Cl B stock falls Wednesday, underperforms market
Shares of Brown-Forman Corp. Cl B BF.B shed 2.18% to $33.69 Wednesday, on what proved to be an all-around favorable trading ...
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Brown-Forman Unveils Strategic Measures & Restructures Executive Team
Brown-Forman Corporation (BF.B) has been making strategic initiatives to aid growth. The company has revealed a line of strategic efforts to poise it for growth in the versatile global spirits ...
'This closure reflects a broader trend': Local leaders react to closing of Brown-Forman Cooperage
Brown-Forman will be closing its last remaining cooperage by April. Hear what local leaders in the barrel industry have to ...
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Brown-Forman shake-up wins praise amid spirits industry downturn
Wall Street analysts see the positives as Brown-Forman seeks savings – in part via job cuts – to “position the company for continued growth”.
Needham Keeps Their Hold Rating on Brown-Forman B (BF.B)
In a report released today, Gerald Pascarelli from Needham reiterated a Hold rating on Brown-Forman B (BF.B – Research Report). The company’s ...
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Brown-Forman slashes jobs as part of multi-pronged cost-savings plan
More than 600 Brown-Forman workers are set to lose their jobs as the global spirits and wine maker seeks to realise up to ...
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face ...
Fading spirits: American whiskey makers could face crippling demand, tariff headwinds
The development arrived with two major headwinds facing the American whiskey industry. The first is the question of demand vs ...