Hyrra Features the Latest and Most Talked-About Topstories News and Headlines from Around the World.
⎯ 《 Hyrra • Com 》

Bud Light maker to lay off hundreds of US corporate staff after sales slump - CNN

2023-07-27 11:28
Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of
Bud Light maker to lay off hundreds of US corporate staff after sales slump - CNN

Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, CNN reported on Wednesday citing a company statement.

The job cuts would represent less than 2% of total employees at the world's largest brewer, but would not include frontline staff like brewery and warehouse staff, drivers, field sales among others, CNN reported.

Anheuser-Busch did not immediately respond to a Reuters request for comment.

Bud Light and Budweiser have recently seen its sales drop in the US after a backlash from conservatives over a social media promotion with transgender influencer Dylan Mulvaney and has been dethroned by Constellation Brands' Modelo Especial as the top-selling beer brand in the country.

(Reporting by Gokul Pisharody in Bengaluru; Editing by Nivedita Bhattacharjee)