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The Economic Times

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Diageo sheds nearly 2,000 jobs as 'Drastic Dave' leads overhaul

Diageo's workforce decreased over six percent year-on-year by June. This reduction occurred as the company began restructuring under its new CEO. Most job cuts across regional markets should be finished by September first. The company plans to lower prices and expand in growing categories. These changes are part of a one billion dollar savings initiative.

18 Aug 2026 5:32 pm