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City A.M. • May 19, 2025
Splitting the G: Is Diageo gearing up to sell off Guinness?
Diageo’s recent announcement of a substantial cost-reduction strategy, including potential divestitures and workforce cuts, aims to counterbalance the financial pressures caused by...
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City A.M. • May 19, 2025
Guinness maker Diageo to offset US tariffs with cost cuts
Diageo plans to implement a $500 million expense reduction over three years to mitigate the financial effects of tariffs imposed by the United States on its products.
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