Bud Light Disaster Hits Hard as Anheuser-Busch Lays Off Hundreds of Corporate Workers amid Boycotts
The boycotts against Bud Light are continuing to hit hard as partner company Anheuser-Busch moves to lay off nearly 400 workers at its corporate offices. The layoffs are a direct result of plummeting sales of Bud Light, the former best-selling beer in America.
Anheuser-Busch has been imploding since launching the April 1 Bud Light campaign featuring transgender influencer Dylan Mulvaney.
After attempting to take the brand “woke,” it’s been all downhill for the company.
The layoffs will not affect front-line workers such as brewery and warehouse staff, the company said.
Instead, the company will eliminate corporate and marketing roles at major U.S. offices, including St. Louis, New York, and Los Angeles.
Anheuser-Busch CEO Brendan Whitworth said in a statement:
“While we never take these decisions lightly, we want to ensure that our organization continues to be set for future long-term success.
“These corporate structure changes will enable our teams to focus on what we do best — brewing great beer for everyone.”
According to The Wall Street Journal:
Anheuser-Busch to lay off hundreds of US corporate workers after Bud Light campaign disaster https://t.co/o0BAZ1E8aj pic.twitter.com/PiOKbs50UA
— New York Post (@nypost) July 27, 2023
“The world’s largest brewer, which also sells Stella Artois and Budweiser, on Wednesday said the cuts would affect less than 2% of its roughly 18,000 U.S. workforce.”
In the week ended June 17, Bud Light suffered its steepest weekly drop since its disastrous tie-up with Mulvaney, falling an eye-popping 28.5% versus a year ago, according to sales figures issued by Bump Williams Consulting and NielsenIQ.
Then over the Fourth of July weekend — the most important beer-drinking holiday on the US calendar — Bud Light sales fell 23.6% in the one-week period ending July 8 compared to the same week in 2022, Bump Williams’ data showed.
