AUS: Foster's won't rule out job losses - report
Foster's has not ruled out job losses at Southcorp's South Australian operations following the takeover of the Australian wine giant by its rival.
Speaking to the Australian newspaper, The Advertiser, Foster's communications director Lisa Keenan said: "We're doing a really comprehensive review of the business now and how the two fit together in each market place.
"We are looking now at how SA fits into the broader scheme of things, both in an Australian and a global context. We are looking at all operations - viticulture, wine making, procurement . . ."
The newspaper said she would not rule out job losses.
Last week, Foster's announced that it had consolidated its much expanded winemaking team.
A new Foster's Wine Estates, making the Penfolds, Lindemans, Wolf Blass and Rosemount brands and a range of so-called boutique labels will have eight executive winemakers running a team of 94 winemakers producing an annual 39m litres of red, white, sparkling and fortified wines.
What remains uncertain is how many of the actual wineries Fosters will operate and how many may be rationalised or sold.
Meanwhile at the beginning of the month, Foster's unveiled its plans for its expanded European wine division.
The new leadership structure for EMEA (Europe, the Middle East and Africa) became effective from 1 July.
Formerly from Southcorp Wines Europe, Peter Jackson becomes the commercial director, continental Europe. Jackson has previously worked for Anheuser-Busch and Bass. Meanwhile, Neil Barker moves from sales director for Southcorp Australia to become commercial director, UK for the new unit.
Ian Tottman and Garreth Anderson, previously at Southcorp and Beringer Blass respectively, will leave the business at the end of this month (July).
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