Cans of Bud Light at a baseball game in Philadelphia on April 25.Matt Slocum / AP
Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”
Important Takeaways:
- Bud Light maker Anheuser-Busch to lay off hundreds of employees, company says
- Anheuser-Busch, the parent company of Bud Light, announced it will lay off 350 employees, many of them in corporate positions, as it seeks to recover from the fallout over a campaign involving a trans influencer.
- In a statement, the company said the layoffs would affect less than 2% of its approximately 18,000 employees nationwide.
- “Today we took the very difficult but necessary decision to eliminate a number of positions across our corporate organization,” Anheuser-Busch CEO Brendan Whitworth said Wednesday. “While we never take these decisions lightly, we want to ensure that our organization continues to be set for future long-term success.”
- The layoffs will not include front-line staff members such as “brewery and warehouse staff, drivers, and field sales, among others,” the company said. The move was designed to “simplify and reduce layers within its organization,” it said.
- Bud Light sales in the last week of June were down nearly 28% year on year, according to Nielsen IQ data cited by Bump Williams Consulting.
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