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 Daniel's parent Brown-Forman is cutting its workforce and closing its barrel-making plant
Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer trends and renewed tariff threats.
Bourbon maker Brown-Forman to close Louisville copperage, reduce global workforce by 12%
By McKenna Horsley Kentucky Lantern The Brown-Forman Corp., a giant spirts company based in Kentucky, announced Tuesday it plans to reduce its global workforce by 12% as part of a “a series of strategic initiatives to position the company for continued growth in the dynamic global spirits market.
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 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 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 ...
Hundreds of employees at Brown-Forman will be laid off with closure of its cooperage
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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, ...
Louisville distillery CEO reacts to Brown-Forman layoffs
Just over 200 Louisville workers will lose their jobs by April at the Brown-Forman Cooperage, which is located by the airport ...
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 its 5,400 global workforce amid a downturn in sales for spirits.
Struggling Brown-Forman changes marketing leader, cuts jobs
Jack Daniel’s owner Brown-Forman is reducing its workforce by 12% as it battles a slow spirits market and foreboding trends.
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 ...
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Brown-Forman slashes jobs as part of multi-pronged cost savings plan
The New York-listed business also plans to close a barrel-making facility in Louisville as executive changes announced.