Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in ...
Jack Daniel’s maker Brown-Forman is slashing 12% of its workforce as more consumers cut back on their alcohol consumption, ...
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Forman, which is expected to generate savings up to $80 million annually, comes as inflation and changing consumer preferences cut into spirits sales.
Brown-Forman, the parent company behind major American whiskey brands Jack Daniel’s and Woodford Reserve, announced that it ...
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Consumer companies ticked down as traders awaited key consumer-inflation data Wednesday. Brown-Forman said it would cut about 12% of its global workforce, or about 648 jobs, as the Jack Daniels ...
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