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.
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 reduce workforce by 12%, close Louisville Cooperage
Brown-Forman (BF.B) (BF.A) announced a series of strategic initiatives. These initiatives include a workforce reduction affecting approximately 12% of the company’s global workforce, and closing the Louisville-based Brown-Forman Cooperage.
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 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 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 cutting jobs, closing barrel-making plant
The moves come as American whiskey producers face stiff challenges from changing consumer trends and renewed tariff threats.
Brown-Forman is laying off 600 workers. Here's everything to know about the company
Brown-Forman is one of the largest manufacturers of wine and spirits in the world. Some sources say the company was founded ...
'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 ...
Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up
Jack Daniel’s maker Brown-Forman is slashing 12% of its workforce as more consumers cut back on their alcohol consumption, ...
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 ...
Kentucky wine, spirits company announces it will close cooperage, lay off hundreds
LOUISVILLE, Ky. — A Kentucky-based wine and spirits company announced it will close a cooperage and lay off hundreds of ...
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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 ...
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 ...
Brown-Forman shake-up wins praise amid spirits industry downturn
Wall Street analysts see the positives as the spirits major seeks savings – in part via job cuts – to “position the company ...