The headlines of Fox Business Flash are here. See what clicks on FoxBusiness.com.
Dutch beer brewer Heineken said on Wednesday it plans to cut 8,000 staff members, almost 10% of its global staff members, as part of a austerity reorganization after a year dominated by pandemics, leading to a net loss of 204 million euros ($ 248 million). ).
GET FOX BUSINESS ON THE GO by clicking here
With bars and pubs around the world closed during coronavirus and alcohol bans in some of its markets, Heineken sold 8% less beer than in 2019. Revenue fell almost 17% to 23.8 billion euros.
The CEO, Dolf van den Brink, describes 2020 as a ‘year of unprecedented disruption and transition’ for the brewer.
CLICK HERE TO READ MORE ABOUT FOX BUSINESS
The company said the pandemic ‘continues to have a significant impact on our performance at the best level, affecting all geographies and markets, as governments around the world have taken measures to mitigate the contamination, including limited population movement, social distance, closures and temporary closures Production facilities. “