Brown-Forman to cut about 12% of global workforce as part of ...

Q: Why did Brown-Forman cut 12% of its workforce?

Write to Connor Hart at Connor.Hart@wsj.com 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.

2 days ago · Jan 14 (Reuters) - Brown-Forman (BFb.N), opens new tab 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 …

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Brown-Forman To Cut About 12% Of Global Workforce As Part Of ...

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2 days ago · Jan 14 (Reuters) - Brown-Forman (BFb.N), opens new tab 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 …

reuters.com

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Brown-Forman To Cut 12% Of Its Workforce. What We Know About …

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1 day ago · Brown-Forman, the Louisville-based maker of spirits including Jack Daniels, Old Forester and Woodford Reserve, announced Tuesday it plans to shed 12% of its global …

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Brown-Forman To Cut 12% Of Workforce In Restructuring - MSN

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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 …

msn.com

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Brown-Forman To Cut 12% Of Workforce In Restructuring

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Brown-Forman BF.B-2.18% decrease; red down pointing triangle named new executives and said it will cut about 12% of its global workforce, or roughly 648 jobs, as it undergoes a …

wsj.com

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Brown-Forman To Close Louisville Cooperage, Lay Off 12% Of …

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1 day ago · Brown-Forman has been headquartered in Louisville for 155 years and manages brands such as Jack Daniel’s, Woodford Reserve and Old Forester. The company operates in …

leoweekly.com

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Brown-Forman Culls 650 Staff In Global Restructuring | The Grocer

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1 day ago · 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 …

thegrocer.co.uk

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Brown-Forman To Cut About 12% Of Global Workforce As Part Of …

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2 days ago · (Reuters) -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 …

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Brown-Forman Announces Global Restructuring - Drinks Digest

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1 day ago · Brown‑Forman Corporation has announced it is restructuring its executive leadership team, cutting 12% of its global workforce and closing its cooperage. The move comes during a …

drinksdigest.com

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Is The Bourbon Boom Over? Brown-Forman Announces Major …

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On Tuesday, spirits conglomerate Brown-Forman informed its investors of what it described as "a series of strategic initiatives for growth," including laying off about 12% the company's global ...

msn.com

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Brown-Forman Cutting Global Workforce, Closing Barrel-making

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2 days ago · 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 …

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Brown-Forman Announces Strategic Restructuring With Significant

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1 day ago · The layoffs are expected to affect approximately 12% of Brown-Forman's global workforce, as the company seeks to adapt to changing market conditions and optimize its …

gurufocus.com

FAQs about Brown-Forman to cut about 12% of global workforce as part of ... Coupon?

Why did Brown-Forman lay off 12% of its workforce?

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. ...

Why did Brown-Forman cut 12% of its workforce?

Write to Connor Hart at [email protected] 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. ...

How has Brown-Forman restructured its executive leadership team?

Brown-Forman has restructured its executive leadership team to accelerate growth across its brands, business, and workforce. This includes consolidating and streamlining its commercial structure to leverage greater synergies and effectiveness in its markets. Among the new appointments, effective as of today: ...

Why did Brown-Forman restructure?

This restructuring marks a strategic pivot for Brown-Forman, as it seeks to optimize its operations and strengthen its position in an increasingly competitive global marketplace. While the company faces near-term challenges, its focus remains on long-term efficiency and sustainability within the rapidly evolving spirits industry. ...

What's going on with Brown-Forman?

On Tuesday, spirits conglomerate Brown-Forman informed its investors of what it described as "a series of strategic initiatives for growth," including laying off about 12% the company's global workforce, restructuring its executive leadership team and closing the Louisville-based Brown-Forman Cooperage. ...

Why did Brown-Forman cut its annual forecast?

Brown-Forman's peer Constellation Brands cut its annual forecast last week and flagged uncertainty around consumer spending on its beers and spirits. Brown-Forman said it will close its Louisville-based barrel-making facility by April 25, which will impact about 210 employees and is part of the overall global workforce reduction. ...