Workers ‘blindsided’ as Brown-Forman cuts global workforce, including more than 200 Louisville jobs
Cutbacks at Brown-Forman include closing its cooperage in Louisville, putting 210 employees out of work. Wood and others were allowed to go home with pay after company officials made the unexpected announcement.
Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant
Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer trends and renewed tariff threats.
Brown-Forman to Cut 12% of Workforce in Restructuring
Brown-Forman named new executives and said it will cut about 12% of its global workforce, or roughly 648 jobs, as it undergoes a restructuring aimed to position the company for growth amid a choppy global spirits market.
Brown-Forman to reduce workforce by 12%, close Louisville Cooperage
Brown-Forman (BF.B) (BF.A) announced a series of strategic initiatives. These initiatives include a workforce reduction affecting approximately
Brown-Forman to close Louisville cooperage, see 12% layoffs amid 'strategic initiatives'
Louisville based Brown-Forman Corporation has announced "a series of strategic initiatives" including layoffs and the closing its Louisville cooperage
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Brown-Forman layoffs highlight challenges for Louisville businesses
Brown-Forman's recent announcement of layoffs at its cooperage facility marks another major restructuring move for a ...
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Is the Bourbon Boom Over? Brown-Forman Announces Major Layoffs, Shutters Barrel Facility
On Tuesday, spirits conglomerate Brown-Forman informed its investors of what it described as "a series of strategic ...
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Brown-Forman's Campbell Brown on being lucky — and good
That tree starts with George Garvin Brown establishing what would become the Brown-Forman Corp. in 1870 in Louisville. The founder had the foresight to begin selling Old Forester bourbon in ...
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Brown-Forman Announces Change in Board of Directors Chair
provided a strong foundation of leadership through the four years served as Chair. Brown-Forman President and CEO Lawson Whiting added, “Campbell has been a strategic thought partner to me for ...
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Brown Forman ranks 21 on this year's Fortune 100 Best Companies to Work For Europe list. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site ...
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Brown-Forman Q2 Earnings Expected to Rise: Buy Now or Stay Away?
Brown-Forman Corporation (BF.B) is slated to release second-quarter fiscal 2025 results on Dec. 5. The alcoholic beverage bigwig’s earnings per share (EPS) are expected to have risen in the to ...
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Brown-Forman price target raised to $46 from $45 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Brown-Forman (BF.B) to $46 from $45 and keeps a Hold rating on the shares. Looking to 2025, the firm sees continued challenges ahead for most ...
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Brown-Forman slashes jobs as part of multi-pronged cost savings plan
The New York-listed business also plans to close a barrel-making facility in Louisville as executive changes announced.