The Week (December 24)
2025/ 12/ 27 by jd in Global News
“The economic slump has affected several iconic American brands.” Brown-Forman, the company that owns Jack Daniel’s, Old Forester and Woodford Reserve is “laying off about 650 employees, or 12% of its workforce, in the face of declining demand.” Other brands have fallen into receivership. “But Jim Beam has taken perhaps the most extreme move by announcing it would halt production at the plant’s main distillery in Clermont, Kentucky, for an entire year.”
Tags: Brands, Brown-Forman, Declining demand, Distillery, Economic slump, Employees, Halt, Iconic, Jack Daniel’s, Production, Receivership, U.S., Workforce
