Molson Coors Cutting 9% of Americas Workforce in Restructuring

What’s Happening at Molson Coors?
Molson Coors Beverage Company has announced plans to cut roughly 400 salaried positions — about 9% of its workforce across the Americas — by the end of 2025 as part of a major corporate restructuring.
The cuts will affect staff in Canada, the US, and parts of Latin America, though it’s not yet clear how many Canadian employees are impacted, according to CBC News.
Reasons For Cuts
The restructuring comes as alcohol producers face headwinds from:
- Inflation
- Cautious consumer spending
- Rising aluminum tariffs, which have increased packaging costs.
Molson Coors had previously warned investors of potential tariff-related impacts on profits.
Changes Under New CEO
As part of the overhaul, the company plans to reinvest in its core product lines, including beer, non-alcoholic beverages, and energy drinks, while absorbing an estimated $35 million to $50 million USD in restructuring charges in the fourth quarter of 2025.
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The move follows the appointment of Rahul Goyal as CEO earlier this month and marks one of the first major shakeups under his leadership. Molson Coors, which employs about 16,800 people globally, including over 3,000 in Canada, brews well-known brands such as Molson Canadian, Coors Light, and Miller Lite at facilities across North America.
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