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Anheuser-Busch InBev
Jobs Cut: 1,400
Anheuser-Busch InBev announced on Dec. 8 it would cut 1,400 U.S. jobs, or 6% of its U.S. workforce. Three-quarters of those jobs will come from Anheuser's North American headquarters in St. Louis. In addition, more than 250 unfilled jobs will be cut, and an extra 415 contractor positions will be eliminated. The company told workers the cuts will probably affect engineering, information technology, and other corporate positions. Unionized workers at the company's 12 North American breweries will not be affected. In a news release, AB InBev said the cuts will save at least $1.5 billion annually by 2011 and cope with a "challenging economy."
