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.
Just Askin' | What is a cooperage? What to know as Brown-Forman closes its facility
The Louisville-based company's facility, where barrel makers — also known as coopers — produce the white oak barrels that hold Brown-Forman's whiskey brands: Jack Daniel's, Old Forester, Woodford Reserve and Coopers' Craft.
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.
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.
Brown-Forman closing Louisville cooperage, reducing global workforce by 12%
Brown-Forman closing Louisville cooperage, reducing global workforce by 12%
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 is laying off 600 workers. Here's everything to know about the company
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Brown-Forman Corp. Cl B stock rises Thursday, outperforms market
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Brown-Forman: Attractive Valuation Post A Job Cut Of 12% And Tariffs
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Brown-Forman Announces Series of Strategic Initiatives for Growth
Brown-Forman Corporation (NYSE:BFA,BFB) announced today a series of strategic initiatives to position the company for ...
Brown-Forman Corp. Cl B stock falls Wednesday, underperforms market
Shares of Brown-Forman Corp. Cl B BF.B shed 2.18% to $33.69 Wednesday, on what proved to be an all-around favorable trading ...
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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 ...
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 ...