EMCC European Monitoring Centre on Change

Heineken

Company/Organisation:
Heineken

Geographic Location

Country: World
Location of affected unit(s): The Netherlands, France, Spain, the UK

Company

Sector: Manufacturing
Manufacture of food products, beverages and tobacco products
11.05 - Manufacture of beer
Number Employed: 85000

Employment Effects

Announcement Date: 10-02-2021
Planned Job Reductions min: 8000
Type of Restructuring: Internal restructuring
Employment Effect Start: 10-02-2021

Additional Information

Dutch brewery Heineken has announced that it will cut 8,000 jobs (almost 10% of its global workforce) worldwide. So far, the company announced the dismissals in the Netherlands (300 jobs) as well as in France (85 jobs), Spain and the UK (up to 100 jobs).

The cuts are part of a global cost-saving and restructuring programme which should lead to around €2 billion cost savings until 2023. The company estimates that the restructuring will cost about €420 million. The programme is related to the COVID-19 pandemic as pubs and restaurants have been closed for several months all over the world. As a result of the pandemic restrictions, the company noted a decrease in sale and profit in 2020 in comparison with the previous year. The conditions of the programme will be negotiated with employees’ representatives according local regulations. Under the restructuring programme, the company is to focus on a more effective and efficient management structure as well as on production and logistics efficiency.

Heineken is the world's second-largest beer brewery, employing 85,000 people worldwide.

Sources: