Budweiser APAC to cut thousands of jobs to reduce costs by 15%: Report
- Posted on March 13, 2025
- By Business News Today
- 7 Views
Budweiser APAC to cut thousands of jobs to reduce costs by 15%: Report
Budweiser Brewing Co APAC Ltd plans to reduce operational costs by about 15% and cut thousands of jobs this year in response to weak consumer demand in China. This follows a previous reduction of 16% in workforce from its 25,000 employees last year, aiming to manage expenditures.
