MarketWatch9d
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its workforce — about 648 jobs — in the face of a 10-year-low in its stock price and four straight quarters of ...
WLKY20d
Brown-Forman's cooperage closure could have ripple effect on Louisville's economy
EXPERTS ABOUT THE OVERALL IMPACT ON THE CITY’S ECONOMY. ADDIE. HEY, GUYS. YEAH, WELL, BROWN-FORMAN ISN’T LEAVING LOUISVILLE ALTOGETHER. IT IS SCALING BACK. AND IF YOU’LL REMEMBER ...
Food Dive21d
Jack Daniel’s owner to close barrel-making plant, cut more than 600 jobs
Jack Daniel’s owner Brown-Forman will lay off roughly 640 workers and close its bourbon cooperage in Louisville, Kentucky as part of a restructuring plan. The facility manufactures barrels to st ...
The Business Journals22d
'This closure reflects a broader trend': Local leaders react to closing of Brown-Forman Cooperage
Brown-Forman will be closing its last remaining cooperage soon. Local leaders in the barrel industry provide insights into the news. On Tuesday morning, the news that the Brown-Forman Corp. was ...
Drinks22d
Brown-Forman shake-up wins praise amid spirits industry downturn
Brown-Forman raised eyebrows yesterday (14 January) with news of its latest efforts to kick-start growth but the reaction to the US spirits giant’s announcement has been positive among industry ...
WHAS11 News22d
Brown-Forman to lay off 648 workers amid declining bourbon sales
When it comes to bourbon tastings, Brown-Forman's Old Forester Presidential Choice, at $20 a shot sells best. "We feel like it is a huge draw," Karia said. But at $20 a bottle, Old Bardstown is ...
WAVE322d
Workers ‘blindsided’ as Brown-Forman cuts global workforce, including more than 200 Louisville jobs
Cutbacks at Brown-Forman include closing its cooperage in Louisville, putting 210 employees out of work. Wood and others were allowed to go home with pay after company officials made the unexpected ...
WLKY22d
Brown-Forman closing Louisville cooperage, reducing global workforce by 12%
LOOK AT THE IMPACT. BROWN-FORMAN EMPLOYS MORE THAN 1000 PEOPLE HERE IN LOUISVILLE, JUST SOME OF THE EMPLOYEES IMPACTED BY THESE LAYOFFS WORK AT THE COOPERAGE. THIS IS WHERE BROWN-FORMAN MAKES THE ...
Associated Press22d
Jack Daniel’s parent Brown-Forman is cutting its workforce and closing its barrel-making plant
(AP) — Spirits giant Brown-Forman Corp. said Tuesday it’s reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American ...
Wall Street Journal22d
Brown-Forman to Cut 12% of Workforce in Restructuring
largely stemming from severances, as well as costs related to the closure of Brown-Forman Cooperage.
WHAS11 News22d
Brown-Forman is laying off 600 workers. Here's everything to know about the company
LOUISVILLE, Ky. — Louisville-based Brown-Forman Corporation announced Tuesday it will lay off more than 600 workers and close a local facility in a major restructuring of the company.