Jack Daniel's owner makes harsh cost-cutting moves, closure and layoffs

Jack Daniel's whiskey owner makes huge restructuring changes amid financial woes.

Jan 18, 2025 - 22:30
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Jack Daniel's owner makes harsh cost-cutting moves, closure and layoffs

The COVID-19 pandemic has been one in all the most devastating nowa days. It compelled of us in all locations the globe to quarantine for months, leaving some with itsy-bitsy to no contact with relatives and causing many to fight with their mental well being on their bear.

Inspiring alcoholic drinks grew to develop into some of us's dart-to self-treatment tactic to designate the grueling times a bit more straightforward to swallow. As awful because it may per chance perchance sound, many liquor producers benefitted from this upward push in consumption, which ended in 1 in all the very best peaks within the industry's sales.

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