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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: http://www.dailystar.com.lb//Business/International/2016/Aug-27/369175-brewer-ab-inbev-to-cut-thousands-of-jobs-in-takeover-deal.ashx