Actionable news
0
All posts from Actionable news
Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

AB InBev Reveals Post-Merger Job Cuts

Budweiser maker Anheuser-Busch InBev (BUD) has disclosed plans to cut 3% of its enlarged workforce after combining with SABMiller (SBMRY) in a £79 billion ($104.36 billion) acquisition, nicknamed Megabrew, it aims to complete in less than two months from now.

In documents published Friday, the Leuven, Belgium, based buyer said it plans to implement the staff reductions gradually, in the three years after the deal is completed.

"For those functions where integration planning has been...


More