Heineken says cutting around 8,000 jobs in restructuring

Heineken says cutting around 8,000 jobs in restructuring

Heineken says cutting around 8,000 jobs in restructuring © Reuters. FILE PHOTO: Glasses of Heineken beer are seen at a restaurant in Hanoi

(Reuters) – Dutch brewer Heineken (OTC:HEINY) said it was cutting around 8,000 jobs following a review of its operations launched in October.

The cuts will lead to a total restructuring charge of around 420 million euros ($509 million) and savings on personnel expenses of around 350 million euros.

($1 = 0.8247 euros)

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