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Diageo has reduced its workforce by approximately 2,000 employees in 2026 as part of a restructuring effort led by CEO Dave Lewis to achieve cost-cutting objectives. The company aims to streamline operations and improve efficiency.
Diageo, the spirits company, is set to axe jobs in Ireland as part of a cost-cutting plan initiated by its new chief executive, Dave Lewis.
Diageo CEO Dave Lewis has announced a new plan aimed at streamlining the company's management by paring back its structure.
New chief at the struggling drinks giant is set to replace members of top team as part of plans to reinvigorate growth
Diageo, the world's largest spirits maker, unveiled a $1 billion cost-cutting plan aimed at driving growth and improving its financial performance. Following the announcement, the company's shares saw a significant bounce.
Diageo's new CEO, Dave Lewis, has instructed executives to implement job cuts as part of a broader restructuring effort aimed at reviving the fortunes of the Johnnie Walker maker.
Diageo's new boss, Sir Dave Lewis, has announced a dividend cut to improve the Guinness maker's financial flexibility following a slide in sales.
The chair of Diageo is looking for experienced 'heavyweights' to join the board, aiming to ensure robust oversight as Sir Dave Lewis restructures the struggling spirits company.
Drinks maker Diageo is focusing on fast-growing 'ready to drink' beverages, marking a significant shift in its business strategy.
Sir Dave Lewis, the new chief executive of Guinness maker Diageo, is set to reveal the group's half-year results and his plans for turning the company around.