Brewer AB Inbev to cut thousands of jobs in takeover deal

The world’s largest brewer, AB Inbev, expects to cut about 3 percent of a sum workforce – homogeneous to thousands of jobs – once it completes a outrageous takeover of a closest rival, SABMiller. The association headquartered in Leuven, Belgium, has about 150,000 workers while a London-based SABMiller claims to have around 70,000 .

Part of a proof of a 79 billion bruise ($104 billion) understanding to buy SABMiller is to supplement new brands in countries it is not now benefaction in, quite in fast-growing markets in Africa.

Article source: