Drinks giant Diageo unveils $1bn in cost cuts to tackle slowing growth

Diageo, the world's largest spirits maker, is unveiling a one billion dollar cost-cutting initiative under new CEO Dave Lewis. The spirits giant, per Euronews, has abandoned its medium-term growth targets to address years of stagnant sales.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton