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.
How many jobs is Brown-Forman cutting and when? What to know about layoffs, cooperage
Brown-Forman, the Louisville-based maker of spirits including Jack Daniels, Old Forester and Woodford Reserve, plans to cut 12% of its workforce.
Brown-Forman is laying off 600 workers. Here's everything to know about the company
LOUISVILLE, Ky. — Louisville-based Brown-Forman Corporation announced Tuesday it will lay off more than 600 workers and close a local facility in a major restructuring of the company.
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
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.
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.
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 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
Hundreds of employees at Brown-Forman will be laid off with closure of its cooperage
Hundreds of employees at Brown-Forman will be laid off with closure of its cooperage
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
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 ...
'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 ...
Is Kentucky’s bourbon boom over? What’s behind Brown-Forman layoffs, slipping sales
Industry sales tracker IWSR reported that sales of U.S. whiskey, including bourbon, Tennessee and rye, fell 1.2% in 2023, the ...
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 Corp. Cl B stock falls Tuesday, underperforms market
Brown-Forman Corp. Cl B closed $26.53 short of its 52-week high ($60.97), which the company achieved on March 5th.
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 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.