DENVER (KDVR) — Drink giant Molson Coors Beverage Company announced Monday that it was restructuring and eliminating 400 of its salaried positions as part of the process.
Those 400 hundred-some positions equate to about 9% of the company’s salaried Americas business workforce, the company said.
In an announcement Monday, the company, which includes major brewery operations in Golden, said the corporate restructuring plan was intended to create a “leaner, more agile Americas organization while advancing its ability to reinvest in the business and position the company for further growth.”
By the end of December 2025, Molson Coors will eliminate about 400 salaried positions across its Americas business unit. The positions include hundreds that Molson Coors said had been open from role prioritization efforts earlier this year, as well as individuals who will receive voluntary severance due to the restructuring.
“We’ve made progress on our transformation journey, but given the environment, we must transform even faster. To win with our customers and consumers and return to growth, we must move with urgency and make bolder decisions,” said President and CEO Rahul Goyal in the company’s Monday announcement. “We are moving quickly and intentionally on a long-term, achievable strategy that continues our journey to become a total beverage company and that we believe puts us on the path to sustainable growth. We look forward to sharing more detail on this strategy in the coming months.”
Molson Coors said that with the restructuring, it is aiming to focus on both its beer portfolio and its expansion into categories like premium mixers, non-alcohol beverages and energy drinks.
Additionally, Coors said it aniticipates incuring between $35 million and $50 million, “substantially all of which” are related to cash severance payments and post-employment benefits.
“These are never easy decisions, and I am grateful to those who will be departing for their many contributions and to those who will continue to guide us on our journey toward growth,” Rahul added in the announcement.
On Oct. 1, the company held its second quarter earnings call with investors. A presentation for the meeting showed that its Americas brand volume was down by 4% and net sales dropped by 2.6%. The company also shared its 2025 full year outlook, which showed that the company anticipates seeing a 3-4% decline in net sales revenue growth and constant curency.
The company did not say what positions were being eliminated under the restructuring, or where the positions are located, beyond the Americas.
Molson Coors employs over 16,000 people across its global company and says on its website that the Golden Brewery employs just under 850 employees.
Anthony Sutton is a business strategist and writer with a passion for management, leadership, and entrepreneurship. With years of experience in the corporate world, he shares insights on business growth, strategy, and innovation through management-opleiding.org.
