Heineken says cutting around 8,000 jobs in restructuring

Glasses of Heineken beer (PHOTO: REUTERS)

Dutch brewer Heineken said it was cutting around 8,000 jobs following a review of its operations launched in October.

The cuts will lead to a total restructuring charge of around 420 million euros ($509 million) and savings on personnel expenses of around 350 million euros.

More to follow

 

Business
Premium Ruto's food security hopes facing storm amid fake fertiliser scam
Business
Premium Nairobi business community plans protest as over 700 containers held at port
Real Estate
Premium Affordable housing: Will State's data-backed action now pay off?
Real Estate
Premium Building to the skies, but at what cost?