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.
Workers ‘blindsided’ as Brown-Forman cuts global workforce, including more than 200 Louisville jobs
Cutbacks at Brown-Forman include closing its cooperage in Louisville, putting 210 employees out of work. Wood and others were allowed to go home with pay after company officials made the unexpected announcement.
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
Jack Daniel’s owner to close barrel-making plant, cut more than 600 jobs
Forman, which is expected to generate savings up to $80 million annually, comes as inflation and changing consumer preferences cut into spirits sales.
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 closing Louisville cooperage, reducing global workforce by 12%
Brown-Forman closing Louisville cooperage, reducing global workforce by 12%
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Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of ...
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Brown-Forman's cooperage closure could have ripple effect on Louisville's economy
The announcement of Brown Forman's decision to close its Louisville cooperage, and cut 210 jobs, could have a larger effect ...
Brown-Forman: Attractive Valuation Post A Job Cut Of 12% And Tariffs
Brown-Forman, a leading spirits manufacturer, has declined 40% in a year but remains fundamentally strong with a 2.7% ...
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 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 ...
Brown-Forman price target lowered to $38 from $50 at TD Cowen
TD Cowen lowered the firm’s price target on Brown-Forman (BF.B) to $38 from $50 and keeps a Hold rating on the shares. The firm noted they ...
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 ...