Monday, December 15, 2008

BOO! Bad AB/InBev! cuts 1,400 jobs

I say boo! bad! because it is poor timing with Christmas and it will effect 1000 jobs in St. Louis. I read somewhere that this is to make of for the money that it cost to buy AB. However, this is typical with what I have seen when companies buy other companies they downsize because there is a lot of duplication between the two companies. They want to "synergize their synergy's" as the "Bob's" from Office Space would probably say.

http://money.cnn.com/2008/12/08/news/companies/anheuser_job_cuts/index.htm

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