Thursday, January 21, 2010

Union Strike Hits InBev in Belgium

The strike that has been in progress for over a week now is rapidly depleting supplies of Leffe, Hoegarden and Stella Artois in Belgium.

At the heart is AB-InBev's plan to lay off hundreds of workers, about 10% of their Belgian workforce, despite posting global profits of $1.5 billion in the last quarter. It's a conflict of a small group of workers representing some very iconic Belgian beers, who are nonetheless part of a global conglomerate now representing over 200 brands. What may be good for the parent corporation and the stockholders may not be good for the little guys.

Meanwhile the global consolidation of breweries continues.

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The Twentyfirst Amendment Meets the 21st Century by Russell Hews Everett is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. The opinions expressed on this page are purely my own, and should not be taken to constitute legal representation or advice.