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Brown-Forman Cuts Workforce, Closes Cooperage Amidst Industry Headwinds
Brown-Forman Corp. announced a 12% global workforce reduction and the closure of its Louisville cooperage by April 25, impacting 210 employees, due to economic challenges, shifting consumer trends, and potential renewed tariffs; the company projects $70-$80 million in annual cost savings.
Brown-Forman Cuts Workforce, Closes Cooperage Amidst Industry Headwinds
Brown-Forman Corp. announced a 12% global workforce reduction and the closure of its Louisville cooperage by April 25, impacting 210 employees, due to economic challenges, shifting consumer trends, and potential renewed tariffs; the company projects $70-$80 million in annual cost savings.
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