Jack Daniels' 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.
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.
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 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 Announces Workforce Reductions And Closure Of Cooperage In Strategic Restructuring
Brown-Forman Corporation (BFB), a U.S.-based spirits and wine producer headquartered in Louisville, Tuesday announced a series of
Brown-Forman to close Louisville cooperage, see 12% layoffs amid 'strategic initiatives'
Louisville based Brown-Forman Corporation has announced "a series of strategic initiatives" including layoffs and the closing its Louisville cooperage
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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, ...
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 ...
Kentucky whiskey giant Brown-Forman laying off hundreds, closing Louisville cooperage
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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.
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 ...