Brito: Anheuser-Busch Cost-Cutting Plan Still a Go

InBev chief executive officer Carlos Brito, who will be CEO of the proposed Anheuser-Busch InBev brewing company, plans to keep A-B’s existing cost-cutting plan in place.

LEUVEN, Belgium and ST. LOUIS — InBev chief executive officer Carlos Brito, who will be CEO of the proposed Anheuser-Busch InBev brewing company, plans to keep A-B’s existing cost-cutting plan in place. During a press conference yesterday, Brito said InBev supports A-B’s so-called “Blue Ocean” cost-cutting plan, which includes a 10% to 15% workforce reduction, or 850 to 1,300 of its 8,600 full-time salaried workers. InBev expects that to happen mostly through early retirement, attrition and b

Register to view the full article

Already a member? .

TAGS: Center Store