InBev’s Brutal Corporate Culture

July 9, 2008: If InBev succeeds in taking over Anheuser-Busch, the beverage giant may lay off employees and replace full-time jobs with part-time jobs.

According to an in-depth report by Reuters, InBev’s plans for cuts go beyond the cuts already announced by A-B management.

The report described InBev’s corporate culture as “brutal.”

Click here to read the full report from Reuters.

Get Advice Join TDU Donate

Recent News

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

Sysco Profits Up

Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year.  Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.

View More News Posts