Tuesday, July 1, 2025

Latest

Anheuser-Busch InBev Trims US Staff Amid Controversial Bud Light Campaign

In the wake of declining Bud Light sales, Anheuser-Busch InBev (NYSE: BUD) has announced substantial layoffs across its US offices.

The company, also known for brands like Budweiser and Michelob Ultra, confirmed that less than 2% of its approximately 18,000 US workforce would be affected, sparing its brewery and warehouse staff. “While we never take these decisions lightly, we want to ensure that our organization continues to be set for future long-term success,” claimed AB InBev CEO Brendan Whitworth in a statement. “These corporate structure changes will enable our teams to focus on what we do best—brewing great beer for everyone.”

The layoffs primarily impacted corporate and marketing roles at significant U.S locations, including St. Louis, New York, and Los Angeles. This workforce reduction followed a period of slumping Bud Light sales, which have been on a downward trajectory since April in wake of public backlash against a promotion involving transgender influencer Dylan Mulvaney.

This controversy contributed to a shakeup in the beer market, with Mexican beer brand Modelo Especial reportedly taking over the top-selling beer position in the US from Bud Light earlier this summer. In the meantime, stakeholders are awaiting the brewer’s forthcoming quarterly financial results come next week for a more complete picture of the Mulvaney controversy’s impact.


Information for this story was found via the WSJ. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Gold is Up 30%, But the Real Bull Market is Only Starting Now! | Adrian Day

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Bud Light Sees 17% Dip In Sales, Two Senior Execs Put On Leave Following Backlash

Bud Light sales have dropped 17% following the fierce anti-transgender backlash against the brand’s campaign...

Wednesday, April 26, 2023, 02:21:59 PM

With Bud Light Facing Boycott Fallout, Modelo Emerges as America’s Top Beer

Constellation Brands’ Modelo Especial has ousted AB InBev’s Bud Light from its top position in...

Thursday, June 15, 2023, 03:43:00 PM

Bud Light Maker Anheuser-Busch Sees Q2 2023 Profit Fall By 70%

Anheuser-Busch InBev (NYSE: BUD) reported its Q2 2023 financials, highlighted by $15.12 billion in total...

Thursday, August 3, 2023, 10:32:09 AM

Anheuser-Busch CEO Says Global Volumes Are Down After Backlash, But ‘Too Early’ for Full View

Speaking for the first time about the Bud Light controversy, Anheuser-Busch InBev (NYSE: BUD) chief...

Friday, May 5, 2023, 10:26:59 AM

Dunning-Kruger Effect: Texas Governor Didn’t Realize He Was Celebrating A Made-Up Event From A Satirical Site

Texas Governor Greg Abbott on Sunday proudly praised Texas on Twitter for booing country music...

Monday, June 26, 2023, 02:59:00 PM