Location of affected unit(s):
Europe and United States
Manufacture of food products, beverages and tobacco products
11.01 - Distilling, rectifying and blending of spirits
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Foreseen End Date:
Diageo, active in the manufacture of distilled potable alcoholic beverages such as Smirnoff, Johnnie Walker, Captain Morgan, etc. announced a world-wide restructuring plan due to its acquisition of Seagram. 1,600 jobs are affected.
In September 2003, the company announced restructuring could affect until 2,500 jobs world-wide by the end of 2005. To date, 1,800 workers have yet left the group.