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Anheuser-Busch InBev cuts jobs

Anheuser-Busch InBev plans to cut approximately 1,400 U.S. salaried positions to integrate Anheuser-Busch Inc., according to officials. While this will affect about six percent of the company's total U.S. workforce, bargaining unit employees at the company's 12 U.S. breweries are unaffected. Approximately 800 of the 855 employees at the Lysander plant are union members.

About 75 percent of the affected positions are based at the brewer's corporate headquarters in St. Louis, at downtown offices or at its Sunset Hills campus, while other reductions will occur in field and brewery locations.

"These reductions apply only to A-B's U.S. salaried workforce," said an Anheuser-Busch spokesperson. "We are not able to provide specific areas of personnel cuts, beyond the broad, primary areas mentioned."

In addition, more than 250 U.S. positions that are currently open will not be filled and 415 contractor positions will be eliminated. Most of the reductions will occur by the end of this year, with the remainder taking effect next year.

"To keep the business strong and competitive, this is a necessary but difficult move for the company," said David A. Peacock, president of Anheuser-Busch. "We will assist in the transition for these employees as much as possible. The people of Anheuser-Busch dedicate themselves to the business, and we appreciate all of their contributions."

The announced workforce reductions are in addition to the more than 1,000 U.S. salaried employees company wide who accepted the company's voluntary enhanced retirement program. The retirements were part of planned cost reductions of $1 billion. At that time, the company announced plans to reduce its company-wide U.S. full time salaried workforce of 8,600 by 10 to 15 percent before year-end.

"Managing our costs is important in building and maintaining a successful business, especially in a challenging economy," said Peacock. "We are pleased with our U.S. beer sales, we will continue to invest in growing our brands and we will always look for ways to become more efficient. Decisions like this are never easy, but they will ensure the long-term success for Anheuser-Busch and our employees."

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