Brown-Forman, the Kentucky spirits company that makes Jack Daniel’s Tennessee Whiskey and Woodford Reserve Bourbon, announced it will lay off 12% of its workforce and close its Louisville cooperage.

Forman, which is expected to generate up to $80 million in annual savings, comes as inflation and changing consumer tastes cut into spirits sales.

We talk about difficulties facing the bourbon market — and how it might impact tourism —on this week's Access Louisville podcast.

Jack Daniel’s maker Brown-Forman is slashing 12% of its workforce as more consumers cut back on their alcohol consumption, the company said Tuesday. Louisville, Ky.-based Brown-Forman – a 155 year-old company which also makes Woodford Reserve, Old Forester and other spirits – is closing its barrel making operation by April 25.

Brown-Forman, one of the largest spirits conglomerates, has announced that it will be reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. This anno

Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as

Brown-Forman is one of the largest family-owned companies in the spirits and wine business in the U.S. It has served customers for 155 years and owns multiple premium liquor brands, including Jack Daniel's, Woodford Reserve, Herradura, el Jimador, and others.

Foreman Corporation, a giant whiskey company based in Kentucky, announced Tuesday it plans to reduce its global workforce by 12%.

Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in Louisville.

By McKenna Horsley Kentucky Lantern The Brown-Forman Corp., a giant spirts company based in Kentucky, announced Tuesday it plans to reduce its global workforce by 12% as part of a “a series of strategic initiatives to position the company for continued growth in the dynamic global spirits market.

Brown-Forman, the parent company behind major American whiskey brands Jack Daniel's and Woodford Reserve, announced that it was cutting 12 percent of its global workforce and selling its Louisville cooperage.

Jack Daniel's Parent Brown-Forman Is Cutting Its Workforce and Closing Its Barrel-Making Plant LOUISVILLE ... that will someday reach the market. In Kentucky, a record 14.3 million barrels ...