Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink cocktails, ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Gentleman Jack, Herradura, el Jimador, Korbel, Sonoma-Cutrer, Finlandia, Chambord, Gin Mare, Diplomático, Fords Gin, The Glendronach, Benriach, Glenglassaugh, and Slane brands. It is also involved in the sale of used barrels, and bulk whiskey and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Spain, Canada, France, Mexico, Poland, Brazil, Japan, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.
EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS
Brown-Forman Corporation is set to lay off over 100 workers in Kentucky, marking another setback for the bourbon industry. The layoffs reflect ongoing challenges within the sector, which has been facing various pressures. While the specific reasons for the layoffs were not detailed, the decision underscores the difficulties companies in the bourbon industry are currently experiencing. This move is part of a broader trend affecting the industry, but specific details regarding the departments impacted were not provided.
Brown-Forman Corporation has laid off over 200 employees in Louisville as part of a global workforce reduction. The layoffs have left many workers feeling blindsided, as the company adjusts its operations amid changing market conditions. This decision reflects broader challenges faced by the company, which has been navigating a complex economic landscape. The job cuts are part of a strategic move to streamline operations and enhance efficiency. The affected employees are primarily based in Louisville, where the company has a significant presence.
Brown-Forman Corporation has announced the layoff of 648 employees as it faces a significant decline in its stock price, which has reached a 10-year low. This decision comes in light of decreasing sales, reflecting broader challenges within the company. The layoffs are part of a strategic response to improve financial performance and adapt to changing market conditions. The company has not specified the locations or departments affected by these layoffs. This move highlights the ongoing pressures in the beverage industry and the need for companies to streamline operations in response to economic challenges.
Brown-Forman Corporation has announced the layoff of 648 employees as it faces a significant decline in sales and its stock price reaches a 10-year low. The decision comes in response to ongoing challenges in the market, reflecting the company's need to adjust its workforce to align with current business conditions. This move highlights the broader struggles within the industry as companies navigate fluctuating consumer demand and economic pressures. The layoffs are effective immediately, marking a critical step for Brown-Forman in managing its operational costs during this difficult period.
Brown-Forman Corporation has announced plans to close its cooperage facility located in Louisville, Kentucky, which will result in the layoff of approximately 600 employees. The decision to shut down the facility is part of the company's restructuring efforts. While specific dates for the layoffs have not been disclosed, the closure reflects broader changes within the organization. This move is expected to significantly impact the workforce at the Louisville site, as the company transitions to new operational strategies.
Brown-Forman Corporation has announced plans to restructure its operations, resulting in a significant reduction of 12% of its global workforce. This decision reflects the company's strategy to streamline operations and adapt to changing market conditions. While specific details regarding the number of employees affected and the timeline for these layoffs have not been disclosed, the restructuring is part of a broader initiative to enhance efficiency and maintain competitiveness in the industry. The company is expected to provide further updates as the restructuring process unfolds.
No one has shared a story from Brown Forman Inc yet. Went through a layoff here? Your experience helps others feel less alone.
Share your story →We'll email you the moment a new layoff is reported here.