By Curadhan Powell Click here for updates on this story     LOUISVILLE, Kentucky (WLKY) — Brown-Forman Corporation announced Tuesday that it is closing its cooperage in Louisville and laying off workers across the globe. The Louisville-based spirits and wine company, one of the largest in the United States, said that it is “engaging in a series of strategic initiatives to position for continued growth in the dynamic global spirits market.” These…

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Brown-Forman closing Louisville cooperage, reducing global workforce by 12%

Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in Louisville

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Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant

LOUISVILLE, Ky. (AP) — 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

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Jack Daniel's parent Brown-Forman is cutting its workforce and closing its barrel-making plant

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LOUISVILLE, Ky. (AP) — 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. The actions are projected to produce about $70 million to $80 million in annualized cost savings, a portion of which is expected to be…

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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.The actions are projected to produce about $70 million to $80 million in annualized cost savings, a portion of which is expected to be reinvested as part of t…

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The company said it plans to lay off approximately 12% of its 5,400 employees worldwide.

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Brown-Forman announces layoffs, closure of Louisville cooperage

Brown-Forman Corporation announced Tuesday morning that it is closing its cooperage in Louisville and laying off 12 percent of its workers across the globe.

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Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of declining sales.

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Brown-Forman laying off 648 people after stock price hits 10-year low and sales decline

Brown-Forman closing Louisville cooperage, reducing global workforce by 12%

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