From Friday's Globe and Mail Published on Friday, Jan. 22, 2010 12:00AM EST Last updated on Monday, Jan. 25, 2010 3:51AM EST
The world's biggest brewer, Anheuser-Busch InBev SA , has agreed to freeze planned job cuts in Belgium to get workers to drop a two-week brewery blockade causing beer shortages at supermarkets and bars. The company and Belgian trade unions said yesterday that they struck a deal that postpones the brewer's plans to reduce 303 jobs in Belgium - some 10 per cent of its work force there. It says it will also create 40 call centre sales positions, bringing net job losses to 263. The beer drought saw the Belgian government drafted in to help mediate the standoff. BUD (New York) fell $1.39 (U.S.) to $47.88. ECONOMY
Join the Discussion: