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Jack Daniel’s 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 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.
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 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 closing Louisville cooperage, reducing global workforce by 12%
Brown-Forman closing Louisville cooperage, reducing global workforce by 12%
Jack Daniels' parent cutting jobs, closing barrel-making plant
The moves come as American whiskey producers face stiff challenges from changing consumer trends and renewed tariff threats.
1d
on MSN
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 ...
WDRB
11h
Brown-Forman layoffs highlight challenges for Louisville businesses
Brown-Forman's recent announcement of layoffs at its cooperage facility marks another major restructuring move for a ...
12h
on MSN
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 ...
1d
'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 ...
hoptownchronicle
17h
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 ...
1d
on MSN
Kentucky whiskey giant Brown-Forman laying off hundreds, closing Louisville cooperage
The Brown-Forman Cooperage, 420 MacLean Ave. in Louisville, Ky., Tuesday, May 28 2013. The cooperage which made more than 600 ...
Gear Patrol on MSN
7d
This Bourbon Was the Talk of the Whiskey World in 2024. Now It’s Back
Old Forester's fifth release in its Whiskey Row series garnered tons of praise in 2024 and immediately sold out. Now it's ...
1d
on MSN
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 ...
1d
on MSN
Is Kentucky’s bourbon boom over? What’s behind Brown-Forman layoffs, slipping sales
Industry sales tracker IWSR reported that sales of U.S. whiskey, including bourbon, Tennessee and rye, fell 1.2% in 2023, the ...
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