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Heineken to slash up to 6,000 jobs in pursuit of “leaner” operations
Yahoo Finance· 2026-02-11 17:47
Core Viewpoint - Heineken plans to cut up to 6,000 jobs over the next two years to achieve annual savings of up to €500 million ($596.1 million) as part of its restructuring efforts amid declining revenue and volumes [1][4]. Group Revenue and Volumes - Heineken reported declines in group revenue and beer volumes, with a 1.2% decrease in volumes in 2025, particularly impacted by a 3.4% drop in Europe and a 2.8% decline in the Americas [5][6]. Staff Reductions and Operational Changes - The company aims to implement a "simpler" and "leaner" operating model, which includes transitioning to multi-market operating companies (MMOs) and targeting select brewery closures [2][3]. - A further 3,000 roles will be shifted to Heineken Business Services (HBS) to enhance global capability centers and optimize supply chain networks [3]. Cost Savings and Strategic Goals - Heineken is targeting annual cost savings of €400-500 million as part of its five-year EverGreen 2030 strategy, which includes job cuts at its Amsterdam headquarters [4]. - The company emphasizes the need for disciplined execution of the EverGreen 2030 strategy to accelerate growth through increased productivity and operational changes [5].
HEINEKEN opens global R&D Centre in the Netherlands to lead brewing innovation and next-generation product development
GlobeNewswire News Room· 2025-06-11 13:00
Core Insights - HEINEKEN inaugurated the Dr. H.P. Heineken Centre, a new €45 million Global Research and Development Centre in Zoeterwoude, Netherlands, aimed at enhancing brewing techniques and developing new beverages [1][7][11] - The Centre will focus on innovation in response to changing consumer preferences, including new flavors, natural ingredients, and low- or no-alcohol options [2][5] - The facility is strategically located near leading universities, fostering collaboration in sustainable brewing and fermentation science [6][8] Investment and Infrastructure - The Centre spans 8,800 m² and is designed to support HEINEKEN's global R&D network, which includes hubs in Mexico, South Africa, and Vietnam [11] - It will house around 100 employees from 12 nationalities, focusing on brewing innovation, flavor research, and sustainability [11] - The building meets BENG standards with an A++++ energy label, emphasizing HEINEKEN's commitment to sustainability [11] Strategic Goals - The Centre is part of HEINEKEN's EverGreen Strategy, aimed at innovating faster and smarter while reducing environmental impact [5] - It aims to connect HEINEKEN's brewing legacy with modern science, ensuring the development of products that resonate with future drinking cultures [5][7] - The investment reinforces the Netherlands' position in the global food technology sector and contributes to the knowledge economy through partnerships with universities [8]