Overview
- - The reductions will be implemented over two years and represent up to roughly 7% of Heineken’s 87,000-strong workforce.
- - Management aims for about €500 million in gross savings from structural changes and efficiency gains, building on a previously announced €2 billion cost program.
- - For 2025, total volume fell about 1.2% and revenue declined to roughly €34.2–€34.4 billion, with softness in Europe, the United States and Brazil.
- - Executives have not detailed where jobs will go, though CFO Harold van den Broek suggested Europe is likely to see significant cuts.
- - Shares rose around 4% after the plan was unveiled, and CEO Dolf van den Brink is set to depart after six years in the role.