A-B InBev to cut thousands of jobs after SABMiller deal

The world’s largest brewer, A-B InBev, expects to cut about 3 percent of its total workforce — equivalent to thousands of jobs — once it completes its takeover of its closest rival, SABMiller.

The Belgian company, which has its U.S. headquarters in St. Louis, employs about 150,000 people. London-based SABMiller reports about 70,000 employees.

Given those head counts, estimated job losses would be around 6,600 over a three-year period. However, A-B InBev said in documents published Friday that the estimate doesn’t include its sales and front-office supply departments, for which integration plans are not completed. That means it’s not clear if there would be even more job cuts than the announced 3 percent.

It’s not known how the job cuts will affect A-B InBev’s operations in St. Louis.

Read more: St. Louis Post-Dispatch


Tags:, , , , , ,

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more