Diageo Korea has offered voluntary redundancies to its entire workforce as the decline of South Korea’s once-pervasive after-work drinking culture weakens demand for whisky and other traditional alcoholic drinks. Read More
layoff
Global drinks giant Diageo is preparing for a sweeping round of job cuts as newly appointed chief executive Sir Dave Lewis accelerates a restructuring aimed at reviving growth after several years of weakening spirits demand. Read More
Global spirits giant Diageo is facing renewed scrutiny in China as widespread reports of layoffs at its baijiu subsidiary Shui Jing Fang (水井坊) continue to circulate across Chinese social media, despite efforts to suppress them. Read More