Anheuser-Busch-InBev plans 1,400 job cuts - KAIT Jonesboro, AR - Region 8 News, weather, sports

Anheuser-Busch-InBev plans 1,400 job cuts

BRUSSELS, Belgium (AP) - Anheuser-Busch-InBev says it will cut 1,400 U.S. jobs - or 6 percent of its U.S. work force - as part of plans to streamline the beer company.

It said three quarters of the jobs to disappear will go from Anheuser's North American headquarters in St. Louis, both at downtown offices and its Sunset Hills campus.

The company said the job cuts were part of plans Anheuser-Busch announced this summer, before it agreed to be taken over by Belgium-based InBev, forming the world's largest brewer.

Anheuser-Busch-InBev said the job losses will help it save at least $1.5 billion a year by 2011.

Most of the job cuts will be made by the end of this year, it said.
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