Lion Group, the name behind Toohey’s, Little Creatures Brewing and XXXX beer brands, is slashing jobs following a review of the business by new boss Sam Fischer.
Australia’s second-largest beer company is fully owned by Japanese conglomerate Kirin. There is speculation that up to 300 jobs could be shed.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com