Friday, December 13, 2024

Tag: Anheuser Busch Announces Hundreds of Layoffs in Effort to Recover from $16 Billion Loss

Anheuser Busch Announces Hundreds of Layoffs in Effort to Recover from $16 Billion Loss, 25% Sales Drop and Systemic Corporate Cultural Infection

from The Conservative Treehouse:

It’s too late.

After losing 12% of stock value, $16 billion in company worth, more than 25% of sales and dropping out of the #1 position for beer in the USA, Anheuser Busch CEO Brendan Whitworth finally announced, “Today we took the very difficult but necessary decision to eliminate a number of positions across our corporate organization.”