Brown-Forman, the parent company of Jack Daniel's whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 employees.

Forman, which is expected to generate savings up to $80 million annually, comes as inflation and changing consumer preferences cut into spirits sales.

In 1995, “You Don’t Know Jack,” a PC trivia game, debuted, sparking several versions on multiple platforms. If the contest ...

There are a ton of new bourbon expressions coming to market in 2025. We rounded up the brand-new bourbons that have us most ...

Brown-Forman, the parent company behind major American whiskey brands Jack Daniel's and Woodford Reserve, announced that it ...

President-elect Donald Trump said he would create an “External Revenue Service” tasked with collecting tariffs on foreign ...

Foreman Corporation, a giant whiskey company based in Kentucky, announced Tuesday it plans to reduce its global workforce by ...

Consumer companies ticked down as traders awaited key consumer-inflation data Wednesday. Brown-Forman said it would cut about 12% of its global workforce, or about 648 jobs, as the Jack Daniels ...

Most U.S. stocks rose Jan. 14 following an encouraging update on inflation, but drops for pharmaceutical giant Eli Lilly and ...

Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in ...

Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of ...