Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Diageo, an Irish drinks company and global brand owner of Guinness, announced around 150 job cuts at its Irish operations. The restructuring targets staff in brewing, liqueur production, marketing, sales and commercial functions across Ireland. A collective redundancy notice has been submitted to the government, with an internal announcement expected this week.
The cuts are part of a broader cost-saving program driven by new chief executive Dave Lewis after weak sales in key markets such as North America. Diageo plans to redesign its operating model to improve competitiveness and deliver sustainable returns for shareholders.
Diageo employs more than 1,200 people in Ireland across brewing, liqueur production, marketing, sales and commercial functions. The company is one of Ireland’s largest drinks manufacturers and owns major brands including Guinness, Baileys, Smirnoff, Johnnie Walker and Smithwicks.
Eurofound (2026), Diageo, Internal restructuring in Ireland, factsheet number 300650, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300650.