MillerCoors announced that it will lay off 200 salaried employees, 27 of whom are based in Milwaukee. It will also eliminate 160 open salaried positions.
The layoff represents 2 percent of the Chicago-based company’s total workforce and 6 percent of its salaried workforce.
Spokesman Jonathan Stern cited the need to create a more balanced, efficient organizational structure, as well as reduce costs, drive accountability, improve execution and increase speed to market.
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“MillerCoors believes these moves will allow more financial flexibility to help the company meet long-term investment requirements in its brands and breweries while at the same time achieve its operating margin and profitability goals,” Stern said.
