Heineken to Slash Thousands of Jobs
The workforce reduction, representing around 7% of the company’s 87,000 employees, is part of a larger initiative aimed at cutting nearly €500 million ($520 million) in costs annually.
The disclosure coincided with the release of Heineken’s full-year 2025 results, which showed a 1.2% decline in global beer volumes and a steeper 3.4% drop across Europe.
Despite the decrease in sales volumes, the brewer reported a 4.4% rise in operating profit over the same period.
CEO Dolf van den Brink, who confirmed his resignation scheduled for May, characterized the layoffs as a "necessary intervention" to enhance agility and support future expansion.
CFO Harold van den Broek emphasized that the restructuring would affect all tiers of the organization, with a special focus on European operations.
In addition, the company adjusted its 2026 forecast, anticipating operating profit growth of between 2% and 6%, lower than its previous projections.
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