Heineken has announced it is to cut nearly 10% of its workforce – roughly 8,000 jobs – after the pandemic has impacted its sales.
The move comes as part of its “organisational redesign” which began with a review of the effectiveness and efficiency of its organisations at head-office, regional offices and each of our local operations.
It said the overall restructuring programme will reduce its employee base by 8,000 people, with a total restructuring charge of around €420m (£367m) and run-rate direct savings on personnel expenses of €350m (£316m).
It added the timelines of restructuring will “vary depending on the specific circumstances of each of its local operations”, including a reduction of the personnel costs at the head-office by a run-rate of c.20% to be implemented at the end of the first quarter of 2021.
It is thought the cuts will affect less than 100 of the 2,300 Heineken employees in the UK, but jobs will go across the business.
A UK spokesperson for the company told the BBC: “The closure of pubs in March and subsequent restrictions, including over the Christmas period, have had an impact on sales volumes of beer and cider for the full year.”