{"id":77907,"date":"2026-07-06T21:15:51","date_gmt":"2026-07-06T21:15:51","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/77907\/"},"modified":"2026-07-06T21:15:51","modified_gmt":"2026-07-06T21:15:51","slug":"diageo-job-cuts-diageo-new-ceo-tells-executives-to-cut-jobs-and-costs-ethrworld","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/77907\/","title":{"rendered":"Diageo Job Cuts: Diageo new CEO tells executives to cut jobs and costs, ETHRWorld"},"content":{"rendered":"<p>                                        <img fetchpriority=\"high\" decoding=\"async\" width=\"590\" height=\"442\" class=\"unveil\" loading=\"eager\" style=\"width:100%;max-height:100%\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/07\/131818415.cms.jpeg\" captionrendered=\"1\" alt=\"&lt;p&gt;An internal announcement on the scale of the job losses is expected \u2060next week, the report added&lt;br&gt;&lt;\/p&gt;\"\/>An internal announcement on the scale of the job losses is expected \u2060next week, the report addedJohnnie Walker maker Diageo&#8217;s new boss, Dave Lewis, has asked executives to cut headcount and other costs as he begins restructuring the \u200cstruggling \u2060spirits group, the \u2060Financial Times reported on Wednesday.<\/p>\n<p>Lewis, nicknamed &#8220;Drastic Dave&#8221; for aggressive cost cuts at Tesco and Unilever, has set cost-reduction targets for members of Diageo&#8217;s executive committee rather than specifying number of roles to eliminate, the report said, citing people \u2060familiar with \u200cthe matter.<\/p>\n<p> An internal announcement on the scale of the job losses is expected \u2060next week, the report added.<\/p>\n<p> In an emailed response to Reuters, Diageo said that in February it had shared its intention to redesign its operating model to improve competitiveness and deliver sustainable returns. It added it would update investors on progress at \u200ca Capital Markets Day on August 6.<\/p>\n<p> Lewis said last month the company had begun tackling weak sales in \u2060North America, its largest market, which he called its &#8220;biggest challenge&#8221;, with steps including price cuts on some tequila brands such as Casamigos.<\/p>\n<p>He also said Diageo had undertaken &#8220;fundamental&#8221; work to address competitiveness around the world. (Reporting by Aatrayee Chatterjee in Bengaluru; Additional reporting by Krisha Bhatt; Editing by Tasim Zahid and Maju Samuel)<\/p>\n<p>                                    Published On Jun 18, 2026 at 10:38 AM IST<\/p>\n<p>\n                Join the community of 2M+ industry professionals.<br \/>\n                Subscribe to Newsletter to get latest insights &amp; analysis in your inbox.\n            <\/p>\n<p>                    All about ETHRWorld industry right on your smartphone! <\/p>\n<p>                        <img decoding=\"async\" loading=\"lazy\" width=\"90\" height=\"90\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/07\/hr_barcode.png\" alt=\"\"\/>                        <\/p>\n","protected":false},"excerpt":{"rendered":"An internal announcement on the scale of the job losses is expected \u2060next week, the report addedJohnnie Walker&hellip;\n","protected":false},"author":2,"featured_media":77908,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21250],"tags":[34877,34876,4110,34875,34878,31948],"class_list":["post-77907","post","type-post","status-publish","format-standard","has-post-thumbnail","category-diageo","tag-cost-reduction-diageo","tag-dave-lewis-ceo-diageo","tag-diageo","tag-diageo-job-cuts","tag-diageo-north-america-sales","tag-diageo-restructuring"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116875112428248678","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/77907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=77907"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/77907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/77908"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=77907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=77907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=77907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}