AB Announces Layoffs

Anheuser-Busch InBev has announced that it will lay off a number of positions.

This comes as no surprise – the company has trimmed its workforce significantly since it was purchased by InBev. North American division staff has fallen from 21,800 in early 2009 to 17,000 as of the end of 2013.

There has been no statement by the company identifying how many employees were affected in this latest round of cutbacks.

An article in Ad Age covering the layoffs stated that the cuts included brand marketing positions. It also reported that the brewer recently eliminated jobs in its in-house media unit, Busch Media Group.

The news follows a disappointing third-quarter earnings results in which the company reported that its beer sales to wholesalers fell by 3.7%, while sales-to-retailers dropped by 1.9%.