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Molson Coors to cut 9 percent of workforce in the Americas amid slowing sales
Molson Coors plans to cut about 400 jobs, 9% of its Americas salaried workforce, to reduce costs amid inflation, tariffs, and weaker consumer spending.
- Molson Coors announced it will eliminate approximately 400 salaried positions across its businesses around the U.S. by the end of December 2025.
- The elimination of positions comes from a restructuring plan to reinvest in the business and grow the company, led by new President and Chief Executive Officer Rahul Goyal.
- In its efforts to go beyond just beer, the company said it plans to reinvest in the expansion of non-alcoholic beverages, mixers and energy drinks.
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Molson Coors cuts 400 jobs across Americas
CHICAGO — Molson Coors Beverage Co. (NYSE: TAP) is slashing 400 jobs across the Americas as part of a restructuring plan. Chicago-based Molson Coors said the cuts are expected to be complete by the end of the year and include “hundreds of salaried positions that were already open from role prioritization efforts put in place earlier this year, and those who may be granted voluntary severance as part of this restructuring.” The cuts amount to 9%…
·Boulder, United States
Read Full ArticleBeer maker Molson Coors to slash 9% of its American workforce in restructuring plan
Beer maker Molson Coors Beverage Company will slash roughly 400 jobs, or 9% of its American salaried workforce, by the end of the year as part of a corporate restructuring plan, the company announced in a statement Monday.
·New York, United States
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Total News Sources39
Leaning Left9Leaning Right7Center18Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 26%
C 53%
R 21%
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