Posted on 08/28/2016 8:45:48 PM PDT by 2ndDivisionVet
Anheuser-Busch expects to cut some 3% of its combined workforce after it has acquired rival SABMiller, according to takeover documents published on Friday.
That would be some 5,500 jobs, according to a source with information on the offer.
AB is aiming to achieve pre-tax savings of at least $1.4 billion per year within the four years after completion of the takeover through increased efficiency, sharing best practices and the removal of overlaps in corporate and regional headquarters....
(Excerpt) Read more at fortune.com ...
Uni-Party, now Uni-Beer.
Boy do I hate this. Losing a career is hell and I have done it 4 times.
My work has a special statement tomorrow. I hope it isn’t catastrophic. I am in service so it is better protected than product.
I really feel for those losing their jobs.
Make Hay while the grass is green for all of you young ones.
Been seeing bud commercials during football saying they welcome “all the many genders” to drink their beer.
Why are companies pandering to an insane less than one percent?!?!?!
It’s not for sales purposes. Must be something else.
FReepmail me if you need help finding a new job. That’s what I did for 20 years.
I’m Ok it’s the Manufacturing taking a hit.
The first time you knew me I was in manufacturing and you were struggling in Biloxi.
I know you, and thank you for remembering me.
I actually moved into a different sector of the company and thank my lucky stars that I did.
I am very glad to see that you are much better off than 6 years ago.
:^)
They could do the right thing and buy a few craft beer formulas for fair compensation and produce some decent product for the first time. No, they will attack and buy out the competition so as to avoid competition. Next they will look for federal help in eliminating the craft industry.
Genesee as far as I know is still a US Beer. And for 15 A 30 pack how could you go wrong?
Next they will look for federal help in eliminating the craft industry.
Yup. Fascism. Large politically connected companies use their government connections to drive out competition and innovation.
Anti-Trust laws were good, while they lasted...
Seems to be the way the anti capitalists run.
I think the same thing is happening in the beer industry as what happened in the PC industry: beer sales are stagnating and the only way to increase market share is to merge with other beer companies.
Maybe they could start calling their beer 'Biller'. If I remember right there was an SNL skit based on that.
There are many good beers under the SAB Miller umbrella.
Coors, Blue Moon, Miller, Pabst, and Keystone.
There is massive political correctness under the umbrella, too.
“Our overriding vision is for the principles of diversity and inclusion to be considered so normal in SABMiller, and other company cultures, that LGBT+ employees no longer require a support group.”
Now 99% of normal people will now need a support group.
It seems that the anti-monopoly laws are completely ignored these days.
Keystone? KEYSTONE???!!
I’m gonna be sick...sicker than I ever was actually drinking that bilge water!
Losing 3% of a workforce over 4 years is not that big of a deal. That is less than attrition. If the average career at a company is 40 years (very high in today's world) that would mean about 2.5% per year leave. If the average career is 20 years that is 5% per year.
Really? I am still working. anybody with that longevity retired long ago.
When one is that? I've only seen Bud Light's gay wedding and gender wage gap propaganda commercials.
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