reuters.com

Diageo Cuts Nearly 2,000 Jobs as Part of $1B Savings Plan

Diageo logoDiageo
Sig2.92Sen-3.27Env0.00Soc-3.86Gov-0.93

Diageo reported 27,938 employees (full-time equivalent) at fiscal year-end 2026, down from 29,860 a year earlier, as it reduced headcount across regional markets. Most cuts are expected to be completed by September 1, though the final number could be higher. The job reductions support a $1 billion savings plan, and the company declined to comment on details.

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