Molson Coors to axe 400 jobs across the Americas
USA | The beer and beverage company said on 20 October it plans to eliminate approximately 400 salaried positions in total, or about 9 percent of its workforce, across Canada, the United States and Latin America by the end of December. The company did not give a breakdown by country or province. A spokesperson said that the restructuring had nothing to do with the US trade war. Molson Coors expects to incur charges between USD 35 million and USD 50 million, primarily from cash severance payments and post-employment benefits.
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