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Diageo initiates 20-30% workforce reduction in select teams under new CEO

Diageo is implementing significant headcount reductions of 20-30% within specific internal teams following a mandate from new CEO Dave Lewis to cut costs. The scope of the layoffs across the broader organization remains unconfirmed, signaling a shift in operational strategy under new leadership.

Dagens Industriabout 5 hours agoGBCredibility 27%View source

Score Breakdown

Mosaic Score5.0
Confidence0.7
Significance0.5
Source credibility0.3

Intelligence Tags

#diageo#layoffs#corporate-restructuring#consumer-goods

Locations

London

Entities

country
Source

Related signals

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