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.
Whiskey maker Brown-Forman to close Louisville site, lay off about 650 workers globally
The workforce layoffs are expected to affect around 650 employees, or 12% of Brown-Forman’s 5,400 employees worldwide. The company also plans to close its Louisville-based barrel-making operation, Brown‑Forman Cooperage, by April 25. That will cut jobs for about 210 hourly and salaried employees and is part of the overall layoffs.
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 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.
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.
Brown-Forman Slashes 12% of Workforce. What We Know.
Brown-Forman is cutting about 12% of its global workforce, the maker of Jack Daniel’s whiskey said on Tuesday. “This organizational evolution will simplify and streamline Brown-Forman’s structure, allowing it to become a more agile and efficient organization and reinvest in the capabilities,
Brown-Forman to shed 650 staff in global restructuring
Brown-Forman is to cut around 12% of its workforce as part of efforts to reduce costs. Around 650 employees are set to be laid off globally by the Jack Daniel’s maker, which has been affected by falling alcohol consumption and rising raw material costs in recent quarters.
Brown-Forman to close Louisville cooperage, see 12% layoffs amid 'strategic initiatives'
Louisville based Brown-Forman Corporation has announced "a series of strategic initiatives" including layoffs and the closing its Louisville cooperage
Brown-Forman announces ~12% reduction in the global workforce
Alcoholic beverages company Brown-Forman (NYSE:BF.A) (NYSE:BF.B) announced on Tuesday ~12% reduction in its global workforce as part of the new strategic initiatives. BF.B shares were trading +2.03% pre-market at $35.
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Brown-Forman slashes jobs as part of multi-pronged cost-savings plan
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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 ...
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of ...