Molson Coors Beverage Company (TAP) Announces its Restructuring Plan

Core Insights - Molson Coors Beverage Company is undergoing a corporate restructuring plan to enhance agility and position for future growth [1][2] - The plan includes cutting approximately 400 salaried positions, resulting in a 9% reduction in the American salaried workforce by the end of December 2025 [1][2] - The restructuring is expected to cost between $35 million to $50 million in cash severance payments and post-employment benefits [2] Company Strategy - The restructuring aims to improve the company's ability to reinvest in its businesses and expand into new categories such as premium mixers, non-alcoholic beverages, and energy drinks [2] - President and CEO Rahul Goyal emphasized the need for urgency and bolder decisions to achieve growth and meet customer demands [2] Operational Overview - Molson Coors Beverage Company produces, markets, and distributes beer and other beverages across the Americas, EMEA, and APAC regions [2]