Heineken will cut 5,000 to 6,000 jobs over the next two years to further reduce costs, the Dutch beer brewer announced with its annual figures on Wednesday. Last year, Heineken generated revenues of nearly €34.3 billion, achieving a net profit of €1.9 billion.According to Heineken, the global workforce cuts will lead to annual cost savings of up to €500 million. The company currently employs over 87,000 people.
Apparently being expected to make 11% and actually making 8 is seen as a 3% loss …