Heineken to cut 6,000 jobs as people drink less beer

Investors welcomed the job cuts, with Heineken shares rising as much as 4% in Amsterdam. Photograph: Daniel Becerril/Reuters

Heineken is to cut up to 6,000 jobs globally over the next two years – close to 7% of its workforce – as the Dutch brewer struggles with falling demand for beer.

The company, which makes Heineken, Amstel and Tiger, said the cuts would come from brewing and white-collar roles among its 87,000-strong global workforce as it faced “challenging market conditions”.