Heineken to slash up to 6,000 jobs in AI 'productivity savings' amid slump in beer sales [MSNBC.com]
HEINEKEN N V S/ADR (HEINY)
NASDAQ:AMEX Investor Relations:
theheinekencompany.com/investors
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Source: MSNBC.com
In this articleAn employee checks a Heineken beer bottle on a packaging conveyor at the Heineken NV brewery in Zoeterwoude, Netherlands.Jasper Juinen | Bloomberg | Getty ImagesDutch brewerThe world's second-largest brewer reportedlackluster earningsThe company also said it plans to cut between 5,000 and 6,000 roles over the next two years and is targeting operating profit growth in the range of 2% to 6% this year. Heineken's shares were last seen up 3.4%, and the stock is up nearly 7% so far this year.Stock Chart IconStock chart iconHeineken shares year-to-dateOutgoing CEO Dolf van den Brink told CNBC's "Squawk Box Europe" on Wednesday that the results were due to "challenging market circumstances," but performance was overall well-balanced.Heineken's outlook for 2026 comes in below the usual range but "is in line with buyside expectations and consistent with peerCarlsbergRegarding the cuts, Van den Brink said: "Productivity has been a top priority in our evergreen strategy... we comm
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- Heineken (OTCMKTS:HEINY) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Heineken (OTCMKTS:HEINY) had its "sector perform" rating reaffirmed by analysts at Royal Bank Of Canada.MarketBeat
- Heineken (OTCMKTS:HEINY) had its "buy" rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft.MarketBeat
- Heineken N.V. announces second tranche of its €1.5 billion share buyback programme [Yahoo! Finance]Yahoo! Finance
- Heineken to slash up to 6,000 jobs in AI ‘productivity savings' amid slump in beer sales [CNBC]CNBC