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Diageo's Employee Headcount Declines in FY26 Amid Restructuring

MT Newswires·08/19/2026 00:04:33
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12:04 AM EDT, 08/19/2026 (MT Newswires) -- Wine and spirits maker Diageo's (DGE.L) employee headcount dropped by 1,922 year over year at the end of June. The company's employees totaled 27,938, down from 29,860, according to its annual report published on Tuesday. Diageo is undertaking staff reductions amid a restructuring program, with a majority of staff reductions at its global markets expected to be completed by Sept. 1, Reuters reported the same day. Diageo did not immediately respond to MT Newswires' request for comment.