ABI To Cut Jobs, Consolidate U.S. Sales OperationsNovember 20, 2014
Anheuser-Busch InBev (ABI) plans to cut jobs and consolidate its sales operations in the U.S. The beer giant hasn’t disclosed the precise number of layoffs, though cuts are expected to span the company’s marketing, procurement, sales and brewery divisions. Additionally, ABI’s U.S. sales operations will be reorganized starting January 1, with its number of sales regions reduced from eight to seven.
The changes come as ABI continues to battle a difficult mainstream beer market in the U.S. For the nine months through September, ABI said its U.S. sales to retailers and company revenue fell 1.8% to 86 million hectoliters and 0.3% to $10.8 billion respectively. ABI currently has an estimated 15,000 employees in the U.S., the Wall Street Journal reported.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
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