Molson Coors Beverage Company, a major employer in Golden, has revealed a corporate restructuring plan aimed at streamlining its operations in the Americas. Through this initiative, the company intends to eliminate approximately 400 salaried positions by the end of December 2025, representing around 9% of its salaried workforce in the region.
The restructuring will include reducing previously open positions and offering voluntary severance packages. President and CEO Rahul Goyal emphasized the need for a faster transformation to enhance the company’s growth strategy and better serve customers. He stated, “We’ve made progress on our transformation journey, but given the environment, we must transform even faster.”
This move is part of a broader strategy to reinvest in priority brands and expand into new categories, including premium mixers and non-alcohol beverages. The company expects to incur charges between $35 million and $50 million related to this restructuring, primarily due to severance payments and post-employment benefits. These costs will primarily occur in the fourth quarter of 2025.
Goyal expressed gratitude towards employees who will be leaving and reaffirmed the company’s commitment to achieving sustainable growth.
The primary source was Molson Coors press release.
