- Anheuser-Busch InBev laid off hundreds of workers at its U.S. offices after months of slumping sales at Bud Light.
- The world’s largest brewer, which also sells Stella Artois and Budweiser, on Wednesday said the cuts would affect less than 2% of its roughly 18,000 U.S. workforce.
- The restructuring eliminated corporate and marketing roles at major U.S. offices, including St. Louis, New York and Los Angeles.
- Bud Light sales have tanked since April amid a commercial backlash over a promotion with transgender influencer Dylan Mulvaney.