Reported about 7 hours ago
Anheuser-Busch InBev (AB InBev) has refuted claims of imminent job cuts at its Budweiser APAC division, stating that reports of thousands of layoffs are false. The company emphasized its commitment to long-term investments in China, despite experiencing a decline in beer volumes there. AB InBev had previously cut its workforce by 16% last year and is focused on maintaining operational costs.
Source: YAHOO