Diageo cut workforce by over 6% amid restructuring

Investing.com -- Diageo PLC reduced its global workforce by more than 6% in the fiscal year ending June, according to the company's annual report released as the spirits maker continues its restructuring under CEO Dave Lewis.

The company's full-time employee count dropped to 27,938 at the end of fiscal 2026, down from 29,860 in the previous year. The headcount figures exclude staff from associates and joint ventures.

Lewis previously stated the restructuring plan would have "very significant impacts" on colleagues. The company expects to complete the reorganization by September 1.

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