Heineken announces 6,000 job cuts as global beer demand falters

Heineken announced today it will cut up to 6,000 jobs globally over the next two years. The brewer also lowered its profit growth expectations for 2026.

Insights:
Heineken N.V. announced on February 11, 2026, that it will reduce its global workforce by between 5,000 and 6,000 roles as part of a productivity drive under a new strategy through 2030. The company also lowered its profit growth guidance for 2026 compared with the guidance provided in the prior year. This decision marks a material change to the company’s near-term cost base and earnings outlook, as well as its operational footprint.
FILE PHOTO: The logo of Heineken beer is seen on a delivery truck in Nijmegen, Netherlands, March 21, 2023. REUTERS/Piroschka van de Wouw/File Photo
FILE PHOTO: The logo of Heineken beer is seen on a delivery truck in Nijmegen, Netherlands, March 21, 2023. REUTERS/Piroschka van de Wouw/File Photo
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