By Ian Neubauer
Foster’s has made redundant about 50 ‘back office’ staff members from its Melbourne headquarters over the past two months as part of the multi-beverage company’s restructuring program.
The changes have been set in place by newly appointed CEO Ian Johnston and focus on redistributing human resources and assets to the ‘front end’ or revenue-generating end of the business, The Australian Financial Review reported.
“It’s a back-to-basics approach under Johnston, where old-fashioned grunt work out on the road is the recipe for sales growth success success, although it’s a tough ask in a souring economy,” the newspaper reported.
The redundancies were mainly from support roles in human resources and other administrative areas.