Overview
- The reduction equals about 9% of the company’s salaried workforce in the Americas and is scheduled to be completed by the end of December 2025.
- Molson Coors expects $35 million to $50 million in restructuring charges, largely for cash severance and post-employment benefits, mostly recorded in the fourth quarter.
- Management says savings will be redirected to its beer portfolio and growth areas such as premium mixers, non-alcoholic drinks, and energy drinks.
- Many eliminated roles were previously vacant or will be handled through voluntary severance, and the company has not disclosed specific locations or job titles.
- The move follows Goyal’s October 1 appointment and an earlier executive realignment, with the company citing softer demand and aluminum tariff pressures and signaling more strategy details in the coming months.