US: Treasury Wine Estates lays off 30 from Napa workforce
US: Treasury Wine Estates lays off 30 from Napa workforce
Dec 20, 2011 6
(Napavalleyregister) - Treasury Wine Estates, formerly known as Foster’s Group, laid off 30 of its Napa County employees at the end of last week, the company announced.
“We are putting in place a new global organization structure to better position us to build strong global brands and drive top line growth and efficiencies,” Stephen Brauer, managing director at Treasury Wine Estates, said in a news release.
As a result, “There were some position eliminations affecting approximately
5 percent of our global workforce,” including the 30 local employees, he said. “These are never easy decisions to make, but we believe these changes are essential for our long-term success.”
Treasury Wine Estates employs over 4,000 winemakers, viticulturists, sales, distribution and support staff across 12 countries, the company website said. The business sells more than 33 million cases of wine annually.
Comments