Molson Coors Cuts 500 Jobs in North America, Shifts Headquarters to Chicago

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Coors is saying goodbye the Rockies, from a business perspective, at least. Molson Coors announced Wednesday it would move the headquarters of its North American business—MillerCoors—out of Denver and into Chicago. The move comes alongside plans to cut 400-500 jobs.

Source: Fortune.com

Date: Oct 30, 2019

Link: https://fortune.com/2019/10/30/molson-coors-rockies-job-cuts-move/

Questions for discussion:

  • What are the problems facing the firm and how has management responded?
  • What advice would you offer?

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