EPISODE · Aug 11, 2023 · 12 MIN
Headlines, Half-Truths & More Bull From Bud
- In mid-July, the AB InBev CEO said sales haven't been "meaningfully impacted" - In late July, they did a round of layoffs - In early August, they reported a 10% revenue drop and a 30% operating profit drop by the U.S. unit That's... that's a pretty big change of events in just a few weeks, isn't it? As usual, those who make poor decisions get golden parachutes while workers get a quick education in what it means to be employed in an "at-will" state, but it looks like some enterprising companies are starting to hire those recently terminated Bud Light workers. Today's episode is an interesting study in big business, the media, and how it impacts us all.
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Headlines, Half-Truths & More Bull From Bud
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