Diageo Announces Potential Job Cuts Amid Leadership Changes

Diageo's CEO, Dave Lewis, has reportedly directed a reduction of teams by 20% to 30%, signaling significant restructuring efforts. The move comes as part of broader cost-cutting measures and is expected to impact the company’s workforce substantially.

By Clark Schultz, SA News Editor · Seeking Alpha ·

Diageo Announces Potential Job Cuts Amid Leadership Changes

Tickers: $DEO

Topics: corporate restructuring executive decision workforce reduction

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