The US drinks distributor said “just over 1% of its employees” were affected.
Southern Glazer’s Wine and Spirits to cut workforce
The US drinks distributor said "just over 1% of its employees" were affected.
Fiona Holland February 27 2026
27 February 2026
27 February 2026
The US drinks distributor said "just over 1% of its employees" were affected.
Fiona Holland February 27 2026
The US drinks distributor said “just over 1% of its employees” were affected.
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“We are fully committed to the Fentimans brand, its heritage and its future growth,” AG Barr insisted.
"The site had become underutilised, and we consolidated operations accordingly," the business said.
Revenue in the group's Europe segment shrank 2.5% compared to 2024, "which was below plan", Asahi said in an update.
The recent funding round included participation from existing investors alongside new backers Lotus and Lifted Ventures.
Some in the City were impatient for more but Sir Dave Lewis’s first public comments underlined the challenges facing Diageo.
"We believe that elevated inventory levels will continue to pressure our brown goods business in the near-term," CEO Julie Francis said.
The move was announced as part of broader plans to shake-up the group's UK and Ireland business.
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