Jobs likely to go in InBev UK restructuring

Tuesday, 06 January 2009
Brewing giant InBev UK is blaming "challenging market conditions" and high beer taxes for the need to cut jobs and close the Stag Brewery in Mortlake, London.

A statement issued today said that following the recent merger between InBev and US brewer Anheuser Busch, formal consultation have started "on synergies arising from the merger and a restructure of the company's operations in the UK, with a potential reduction in the number of roles".

The consultation also includes the future of the Stag brewery in Mortlake, where Anheuser-Busch brews Budweiser for the UK market, with a proposal to close the brewery in 2010.

"This consultation is also a response to challenging market conditions and significantly higher costs imposed as a result of record rises in beer taxation, which mean that we need to review and propose any changes now," said the company.

"This proposal will be subject to full consultation with our employees and their representatives. This announcement is not a reflection on the quality of our employees, who will be an integral part of this process and will be treated with respect throughout.

"We remain committed to investing in our brands and ensuring the long-term competitiveness of our business," said the statement. "We remain a customer-focused and consumer-oriented company."

Mike Dennis
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