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.
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
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.
Kentucky whiskey giant Brown-Forman laying off hundreds, closing Louisville cooperage
Brown-Forman, the Kentucky spirits company that makes Jack Daniel’s Tennessee Whiskey and Woodford Reserve Bourbon, announced it will lay off 12% of its workforce and close its Louisville cooperage.
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 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,
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 ...
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 ...
'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 ...
Hosted on MSN1d
Is the Bourbon Boom Over? Brown-Forman Announces Major Layoffs, Shutters Barrel Facility
On Tuesday, spirits conglomerate Brown-Forman informed its investors of what it described as "a series of strategic ...
Brown-Forman Announces Series of Strategic Initiatives for Growth
Brown-Forman Corporation (NYSE:BFA,BFB) announced today a series of strategic initiatives to position the company for ...
GlobalData on MSN1d
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 ...
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 ...