Diageo Boss 'Drastic' Dave Lewis Eyes £20m Pay as Jobs Slashed
8 Articles
8 Articles
Diageo sheds nearly 2,000 jobs as 'Drastic Dave' leads overhaul
Diageo boss 'drastic' Dave Lewis eyes £20m pay as jobs slashed
Diageo boss Sir Dave Lewis could take home as much as £20m in pay for the next year, it has emerged, while the drinks giant sheds 2,000 staff. The chief executive of the Guinness and Smirnoff maker could make as much as £20m in the year to June 2027, though he is more likely to make about £9m, according to the firm’s annual report. This would still nearly triple the final pay packet of his predecessor, Debra Crew, who departed the FTSE 100 firm…
Diageo, producer of spirit drinks such as Don Julio, Buchanan’s and Guinness, announced that at the end of his fiscal year he cut a total of 1,922 posts from his global staff, a movement that was part of his cost reduction strategy. According to the report sent by the company to the United States Stock Exchange and Securities Commission (SEC), it went from having 29,860 employees reported the year before to 27,938, which represented a 6% reducti…
British spirit drink giant Diageo, owner of brands such as Johnnie Walker, Guinness or Baileys, has cut 1,922 jobs during his 2026 fiscal year, while the company faces a restructuring that aims to save costs of $1 billion (€863 million).
The British giant of spirit drinks Diageo, owner of brands such as Johnnie Walker, Guinness or Baileys, has cut 1.922 jobs during its fiscal year of 2026, while the company faces a restructuring that aims to save costs of $1 billion. In its annual report of 2026, submitted to the United States Stock Exchange and Securities Commission (SEC), Diageo has reported that the total number of employees stood at 27,938, compared to 29,860 the previous ye…
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
