Friday, February 26, 2021

Heineken to cut 8,000 jobs as virus takes fizz out of sales

Heineken, the world's number two brewer, says it recorded a 109% fall in profits from the year before.

Other News

Supporters of Myanmar military coup attack protesters in Yangon

Indonesia is taking the lead in an attempt by Asean members to find a diplomatic solution to the crisis.

It’s not just about patent rights, expert says on ways to make Covid jabs cheaper

India's Serum Institute offers a good example of overcoming the problem of vaccine exclusivity during the current health emergency.

Bukan sekadar hak harta intelek, pakar ajar cara jadikan vaksin lebih murah

Serum Institute of India menawarkan cara mudah bagi menangani masalah eksklusif vaksin ketika darurat kesihatan.

Tidak perlu surat polis rentas negeri hantar anak ke asrama

Ibu bapa hanya perlu menunjukkan surat yang dikeluarkan pihak sekolah semasa melalui sekatan jalan raya.

No police permit needed to cross borders for school

Parents only need to show letters issued by the schools at police roadblocks.

Dutch brewing giant Heineken said on Wednesday it would cut around 8,000 jobs worldwide as the coronavirus pandemic kept much of the hospitality sector closed.

Heineken, the world’s number two brewer, said it recorded a net loss of US$247 million in 2020, a 109% fall in profits from the year before.

Heineken CEO Dolf van den Brink said it had been “a year of unprecedented disruption and transition” for the company.

“The Covid-19 pandemic and governments’ measures continue to have a material impact on our markets and business,” Heineken said in a statement.

Sales fell by 17% to €23 billion with bars and cafes closed in many countries, the company said.

Less than 30% of outlets were operating in Europe in particular at the end of January, it said.

Heineken had announced in October that restructuring was needed to reduce personnel costs but gave no figure for layoffs at the time.

“The overall restructuring programme will reduce our employee base by c.8,000 people,” Wednesday’s statement said.

This included including cutting jobs at the head office in Amsterdam while other layoffs would depend on local circumstances, it added.

Founded in the 19th century in Amsterdam, Heineken sells more than 300 brands, including its namesake plus others such as Strongbow and Amstel. It employs 85,000 people globally.

Follow us on Telegram for the latest updates: https://t.me/malaysianow

Subscribe to our newsletter

To be updated with all the latest news and analyses.

Related Articles

KKM perjelas kenapa jarum suntikan vaksin berbeza warna

Penggunaan dua jenis jarum suntikan yang berbeza adalah  mengikut keperluan ketika prosedur suntikan.

Ketika program imunisasi bermula, teori menentang vaksin muncul dalam bentuk ‘penyelidikan perubatan’

Salah satu dakwaan oleh ‘jurnal perubatan’ memberi amaran vaksin Pfizer boleh menyebabkan penyakit berkait otak.

Ibu bapa punca peningkatan obesiti dalam kalangan kanak-kanak semasa pandemik

Ibu bapa menjadikan makanan ringan bergoreng, keropok atau gula-gula bagi membantu anak-anak kekal fokus sewaktu sesi pembelajaran dan pengajaran di rumah.

Unicef sambut baik pembukaan semula sekolah di Malaysia

Agensi PBB itu berkata guru dan kakitangan sekolah perlu divaksin sejurus petugas barisan hadapan dan kumpulan berisiko tinggi.

Lebih 55,000 guru dipertimbang terima suntikan vaksin Covid-19 fasa pertama

Khairy berkata pertimbangan itu dibuat selepas pihaknya menerima senarai daripada kementerian pendidikan.