Following a net 2020 loss of £96 million Heineken has announced plans to reduce circa 10% of its employees due to adverse trading conditions stemming from the Covid-19 pandemic. As many as 8,000 jobs are set to be lost including some at the brewer and pub operator’s headquarters in Amsterdam.
Heineken’s CEO, Dolf van den Brink attributed the cuts to 2020 being a year of unprecedented disruption.
Sales at hospitality providers across the world have suffered with some having to weather bans on alcohol sales during lockdown.
The world’s second-largest brewer has seen sales of its primary brand Heineken lager fall significantly alongside others including the Sol and Tiger brands.
Heineken announced a restructuring of operations in October 2020, following an employee consultation process the first set of decisions have now seen redundancy levels materialise.
Thankfully for UK employees the reductions in staff so far impacts on less than 100 of the 2,000 Heineken employees in the UK. Heineken in the UK to date has delivered more than £44m in rent reductions for its Star Pubs & Bars licensees supporting business operators through the pandemic.
The news from Heineken follows on from the British Beer & Pub Association today calling on Government for a clear timeline and date for when pubs can reopen. The call comes as it was also revealed today that trading restrictions and lockdowns caused sales of beer to plummet by 56% in 2020 – down by £7.8 billion.
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Hospitality & Catering News: Heineken announces 2020 losses of £96 million and 8,000 job cuts – 10 February 2021 – Heineken announces 2020 losses of £96 million and 8,000 job cuts.
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