Dutch brewer Heineken plans to cut between 5000 and 6000 jobs over the next two years, the company says in Amsterdam, adding that costs must continue to be reduced.
The brewer has been suffering for some time from declining beer sales worldwide.
Last year, it said that about 1.2 per cent less beer was sold.
Sales in North and South America as well as Europe are particularly under pressure, the company said.
In 2025, it achieved revenue of about 34.2 billion euro and profit of about 1.9 billion euro, an increase of 92.7 per cent from 2024, which was effected by the impairment of the investment in China Resources Beer.
The company expects fiscal 2026 operating profit to grow in the range of 2 per cent to 6 per cent.
About 87,000 people in 190 countries work for Heineken.
The firm will focus on digitalisation and artificial intelligence.
Some breweries will close although the company has not yet stated which countries will be affected by the job cuts.
Heineken aims to save 400 million euro to 500 million euro annually.
It announced a restructuring plan in October to save about 2 billion euro
The company said 400 jobs will be cut at its Amsterdam headquarters.
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