Diageo Announces Potential Job Cuts as CEO Dave Lewis Pursues Cost-Cutting Measures

Diageo's CEO Sir Dave Lewis is reportedly planning job cuts to improve the company’s performance amid a prolonged slump in sales and profits. The move aligns with his cost-cutting strategy, which has earned him the nickname 'Drastic Dave.' A final announcement on the number of jobs affected is expected soon.

By Tom Haynes Thu, June 18, 2026 at 11:02 AM GMT+3 3 min read · Yahoo Finance · June 18, 2026, 08:02 UTC

Tickers: $DEO

Topics: corporate restructuring cost-cutting Diageo job cuts

Read the full article at Yahoo Finance

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