- Anheuser-Busch InBev said it laid off workers in the U.S. and has been reorganizing its sales division in recent days. Cuts were reportedly made in marketing, procurement, operations, and sales.
- The world's largest brewer declined to say how many jobs were eliminated, although one source put the number in the hundreds.
- The cuts were made just days after AB InBev, maker of Budweiser, reported disappointing earnings.
If there's a silver lining in this news it's that the layoffs - even if they turn out to be more substantial in number than the initial reports would suggest - cannot be as large as those made just six years ago when the company was formed by InBev's purchase of Anheuser-Busch. That merger led to 1,400 job cuts - a full 6% of Anheuser-Busch's staff.