The US arm of SABMiller, Miller Brewing Company, is to undergo a restructuring of its corporate staff, resulting in loss of approximately 200 positions and a strategic realignment of many others, company officials announced yesterday.
Go deeper with GlobalData
“Given the context of our new business priorities and turnaround plans, a very detailed assessment of the organization has taken place over the past few months,” Miller president and CEO Norman Adami said. “This redesign is not just about a staffing reduction but also about multiple role and job changes. It’s about alignment of the organization and creating the right shape for the business for the future.”
The company says it expects the new structure – the result of a business and internal analysis – to better align with turnaround strategies that require new processes and employees with the right skills to execute these strategies. The restructuring will also create a smaller, more focused corporate structure in line with the realities of the company’s business performance over the past several years.
“This is a difficult but very necessary decision to move our company forward and strengthen our organization,” Adami continued. “Our employees have my commitment and the commitment of each member of the executive management team that this restructuring will be managed with respect and dignity.”
The company will offer severance benefits and outplacement services will be available to affected employees. The reductions primarily involve positions in Miller’s Milwaukee-based corporate offices and will be effective in September.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
