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Beer maker Molson Coors to slash 9% of it's American workforce in restructuring plan

Beer maker Molson Coors Beverage Company will slash roughly 400 jobs, or 9% of its American salaried workforce, by the end of the year as part of a corporate restructuring plan, the company announced in a statement Monday. The mass layoffs come as the Chicago-based brewing company announced in August that it expected net sales to tumble between 3% and 4% this year — blaming weaker beer demand and “indirect tariff impacts” on aluminum. 3 Beer maker Molson Coors Beverage Company will slash roughly 400 jobs, ...