A True U.S. Economic Barometer | Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up

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Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up

'155 year-old company which also makes Woodford Reserve, Old Forester and other spirits – is closing its barrel making operation by April 25.

The so-called Cooperage business employs 210 hourly and salaried employees. '

Reference: nypost.com
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The Layoff Surge Of 2024

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The Great Tech Reset: Unpacking The Layoff Surge Of 2024

'has laid off over 124,000 workers in 2024 alone. ...In August 2024, Intel sent shockwaves through the market by announcing a 15% reduction in its global workforce—roughly 15,000 jobs. Just days later, Cisco Systems announced plans to lay off 7% of its employees, marking its second round of job cuts this year...'

Reference: www.forbes.com
Tags: Layoff Surge Of 2024

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