Molson Coors Beverage layoffs, on the record
Every job cut, severance charge and restructuring Molson Coors Beverage reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 16,500 to approximately 16,800.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 16,500 | December 31, 2023 |
| 10-K for 2024 | approximately 16,800 | December 31, 2024 |
Job cuts, severance and restructuring
Our summaryRecorded employee-related restructuring charges within other operating income (expense), net.
Word for word“Restructuring Employee-related charges $ ( 4.1 ) $ ( 6.0 ) $ ( 11.7 ) Asset abandonment and other restructuring costs (1) — ( 3.1 ) ( 25.9 ) Intangible and tangible asset impairments, excluding goodwill (2) ( 160.8 ) ( 36.3 ) ( 13.5 ) Gains and (losses) on disposals and other (3) 2.2 6.8 6.6 Other operating income (expense), net $ ( 162.7 ) $ ( 38.6 ) $ ( 44.5 ) (1) A significant portion of asset abandonment and other restructuring costs consists of accelerated depreciation, which is in excess of normal depreciation.” 10-K for 2023
Our summaryDecided to wind down or sell certain U.S. craft businesses and related facilities, recording employee-related and asset abandonment restructuring charges.
Word for word“During the year ended December 31, 2024, we made the decision to wind down or sell certain of our U.S. craft businesses and related facilities and recorded employee-related and asset abandonment charges, including accelerated depreciation in excess of normal depreciation of $ 93.6 million.” 10-K for 2024
Our summaryExpects further restructuring charges in Q1 2025 to complete wind down and closure of remaining U.S. craft facilities.
Word for word“Remaining charges are estimated to total approximately $ 15 million to $ 20 million, consisting primarily of accelerated depreciation.” 10-K for 2024
Our summaryThe company announced an Americas Restructuring Plan in October 2025 as part of its cost reduction strategies, with expected charges and benefits.
Word for word“Statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements, and include, but are not limited to, statements in Part II—Item 7.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $9.4 million | $8 million |
| 2017-12-31 | $2.6 million | $10.9 million |
| 2018-12-31 | $34.7 million | $15.8 million |
| 2019-12-31 | $52.4 million | $31.1 million |
Molson Coors Beverage filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Molson Coors Beverage’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.