Diageo is cutting nearly 2,000 jobs as part of a broader restructuring led by newly appointed chief executive Dave Lewis. The company’s annual reporting shows its total headcount falls by more than 6% year-on-year by the end of June, reflecting staff reductions underway as it reshapes its operations.
Both outlets link the workforce change to the restructuring programme and to pressures affecting employment. The Financial Times adds that the workforce shrink follows a rise in employer taxes and weaker demand for Diageo’s products, contributing to the group’s decision to reduce staffing. RTE similarly describes the headcount decline and frames it as part of a company overhaul under Lewis.
While the outlets differ in emphasis—RTE focuses on the size of the job reductions and the start of the overhaul, and the Financial Times highlights specific economic and cost factors—the overall picture is consistent: Diageo reduces headcount amid restructuring, with demand and cost pressures playing a role.
