Dutch brewery Heineken said today it will lay off about 8,000 employees worldwide after the 2019 coronavirus disease (Chinese Communist Virus, COVID-19) outbreak led to operating losses.
Heineken, the world’s No. 2 brewery, will cut its workforce by nearly 10 percent as countries around the world implement restrictions against the disease, causing bars and restaurants to close.
Heineken has a net loss of 204 million euros in 2020, with sales down 17 percent to 23 billion euros, compared with a net profit of 2.1 billion euros the year before.
Dolf van den Brink, who took over as Heineken’s chief executive in April last year, said Heineken had suffered an unprecedented impact over the year and had produced a transformation.
The job cuts are part of Heineken’s restructuring plan and are aimed at saving 2 billion euros by 2023, van den Brink said. Heineken’s brands include Strongbow and Amstel.
In a statement, Heineken said, “The 2019 coronavirus disease outbreak and government measures continue to materially impact our markets and business.
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