Heineken says cutting around 8,000 jobs in restructuring

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Glasses of Heineken beer (PHOTO: REUTERS)

Dutch brewer Heineken said it was cutting around 8,000 jobs following a review of its operations launched in October.

The cuts will lead to a total restructuring charge of around 420 million euros ($509 million) and savings on personnel expenses of around 350 million euros.

More to follow