Heineken will cut 5,000 to 6,000 jobs over the next two years to further reduce costs, the Dutch beer brewer announced with its annual figures on Wednesday. Last year, Heineken generated revenues of nearly €34.3 billion, achieving a net profit of €1.9 billion.According to Heineken, the global workforce cuts will lead to annual cost savings of up to €500 million. The company currently employs over 87,000 people.
Define need. Companies will happily cut staff they need to save costs. Staff that remain then get the workload dumped upon them. Now everyone is running around half-assing everything at peak stress to try and keep the ship afloat, doing jobs they’re not good at and don’t enjoy poorly because someone didn’t understand someone else’s contribution.