Molson Coors Brewing Co. said Thursday that it plans to eliminate as many as 390 jobs, or about 4 percent of its global workforce, as part of a cost-cutting drive.
The cuts will be divided about evenly among the company’s three operating divisions: Coors Brewing Co. in Golden, Colo.; Coors Brewers Ltd. in England; and Molson Inc. in Toronto.
The cuts will be in human resources, information technology and finance. The company makes Coors Light, Molson Canadian, Keystone and Blue Moon beers.
Joining forces: It’s unclear if the layoffs are related to a joint venture for U.S. operations that Molson Coors and SABMiller PLC unveiled in October in a bid to better challenge Anheuser-Busch. In February, sources and analysts said Chicago would be a leading candidate for the headquarters of the venture, though they said at that time that a decision appeared far from being made.
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Page compiled from Tribune staff, wire reports
