Heineken cutting 8.000 jobs as pandemic hits beer giant
Thursday, February 11, 2021
Heineken is planning to reduce 8.000 jobs as the coronavirus pandemic hits Brewer.
The beer giant, which says it employs over 85,000 staff and its headquarters are in Amsterdam, today advised that the jobs will be axed as part of an organisational overhaul.
The "EverGreen" restructuring programme aims to save £2 billion over the next two years to increase profitability and boost revenue.
The company's annual financial statements state that "The overall restructuring programme will reduce our employee base by c.8.000 people, with a total restructuring charge of around £420 million and run-rate direct savings on personnel expenses of c.£350 million."