Type
Internal restructuring
Country
Ireland
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Beverages
11.05 - Manufacture of beer

107 jobs
Number of planned job losses
Job loss
Announcement Date
16 June 2009
Employment effect (start)
Foreseen end date
30 September 2009

Description

Drinks manufacturer Diageo Ireland, which owns Guinness, announced plans in June 2009 to cut 107 jobs over the following three months. The company attributed the job cuts to a global restructuring programme aimed at cutting costs in the context of the global economic downturn. The plan - which will cut more than 5% of the company's Irish workforce of 2,000 - was to take effect over the next three months across a number of areas, including support functions, sales and marketing. The company added that the restructring was required to maintain a sustainable and competitive business in Ireland.


Sources

Citation

Eurofound (2009), Diageo Ireland, Internal restructuring in Ireland, factsheet number 69928, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69928.