https://www.taxtmi.com/news?id=30285 Brown Forman will reduce its global workforce by about twelve percent and close its Louisville cooperage, affecting about 210 employees, will source barrels externally, sell cooperage assets, and provide severance and outplacement; these measures aim to realise annualised cost savings and support strategic reinvestment following declining net sales and in response to industry pressures including shifting consumer trends and trade and regulatory risks. en-us Tue, 14 Jan 2025 23:01:03 +0530 Tue, 14 Jan 2025 23:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30285 Brown Forman will reduce its global workforce by about twelve percent and close its Louisville cooperage, affecting about 210 employees, will source barrels externally, sell cooperage assets, and provide severance and outplacement; these measures aim to realise annualised cost savings and support strategic reinvestment following declining net sales and in response to industry pressures including shifting consumer trends and trade and regulatory risks. News - Tue, 14 Jan 2025 23:01:03 +0530 https://www.taxtmi.com/news?id=30285