Heineken to cut up to 6,000 jobs in two years; Booked €1.9 billion profit in 2025
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.
The job cuts come on top of previous reorganizations with which Heineken achieved billions of euros in savings. In October, Heineken announced plans to cut another €2 billion in costs in the coming years.
“Our first priority is to accelerate growth, funded by stepped up productivity and operating model changes that will involve a significant cost intervention over the next two years,” Heineken CEO Dolf van den Brink said. “This will unlock stronger people productivity and enable greater speed and efficiency.”
The brewer has been facing challenging market conditions and declining sales for some time. Last year, sales volume fell by 1.2 percent to 281.6 million hectoliters. According to Heineken, sales are particularly under pressure in its largest markets - Europe and North and South America. The brewer expects market conditions to stay the same in 2026.
