Wine Industry Reeling from Layoffs | Business and Finance News

G3 Enterprises is cutting 66 wine cap jobs in Modesto between October and December as the struggling wine industry faces shrinking demand, rising prices, and fierce competition — a trend echoing across giants like Gallo and Constellation Brands, driven by aging boomers and younger consumers shifting toward beer and spirits, though analysts hint at potential stabilization on the horizon. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/30b915f5528616fa