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Budweiser APAC to cut thousands of jobs to reduce costs

Budweiser Brewing Co APAC Ltd. is planning to cut thousands of jobs this year as it looks to shrink costs, people familiar with the matter said.

Reuters on MSN · 1d

Budweiser APAC not cutting thousands of jobs, AB InBev says

Budweiser Brewing Co APAC Ltd is planning to cut thousands of jobs this year as it looks to shrink costs, Bloomberg News reported on Thursday, citing people familiar with the matter, as the beer maker struggles with weak consumer demand in China.

Hindustan Times on MSN · 1d

Budweiser APAC to lay off thousands amid weak Chinese demand

Budweiser Brewing Co APAC Ltd is planning to cut thousands of jobs in a move to shrink costs due to weakening consumer demand in China. China will also bear the brunt of the job cuts with it accounting for over 80% of the group’s workforce,

Budweiser Brewer ABInBev (NYSE:BUD) Refutes Job Cuts Report after China Sales Plunge

Budweiser brewer Anheuser-Busch InBev (BUD) denied on Thursday a report suggesting it was planning to make thousands of job cuts at its ...

Budweiser APAC to Cut Thousands of Jobs to Reduce Costs by 15%, Bloomberg News Reports

The Asia-Pacific unit of brewer Anheuser-Busch InBev plans to reduce operational costs by about 15% this year and comes after ...

Hosted on MSN15d

Anheuser-Busch (NYSE:BUD) Reports Q4 Results

Beer powerhouse Anheuser-Busch InBev (NYSE:BUD) in Q4 CY2024 as sales rose 2.5% year on year to $14.84 billion. Its GAAP profit of $0.61 per share decreased from $0.94 in the same quarter last year.

Anheuser-Busch announces $4.2M investment in its Williamsburg brewery

The $4.2 million investment will go to upgrades at the facility, including upgrades to manufacturing equipment that will help ...

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