Anheuser-Busch InBev (AB InBev) says it plans to cut its workforce by 3 percent following its takeover of rival beverage alcohol company SAB Miller, according to a regulatory filinglast week.
These reductions, equivalent to thousands of jobs, will be implemented gradually over a three-year period following the completion of the merger. According to the Associated Press, Belgian-based AB InBev employs approximately 150,000 people while SAB Miller has about 70,000.