Canadian-American beer maker Molson Coors Beverage Company has announced plans to cut 9% of its salaried workforce in the Americas.
The news came on Monday, with the cuts totalling around 400 jobs by the end of this year, as part of a restructuring plan.
The focus of the plan is to reinvest in its core categories of beer, non-alcoholic beverages and energy drinks.
U.S. alcohol companies are broadly facing uncertainties in the current market, with Trump administration tariffs and inflation impacting business stability and growth.
Molson Coors, which produces beer locally at breweries in Colorado and is home to big-name beer brands such as Coors and Miller, had a total of 16,800 employees globally as of December 2024, according to its annual report.
