09:24 AM EDT, 10/20/2025 (MT Newswires) -- Molson Coors Beverage ( TAP/A ) said Monday that it will cut 400 salaried positions across its Americas business by the end of this year as part of a restructuring plan aimed at streamlining operations.

The drink and brewing company said the job cuts, which will be implemented by the end of December, will affect 9% of its salaried workforce in the region and include roles that are already vacant as well as those that may be part of voluntary severance programs.

Molson Coors ( TAP/A ) said it expects to record restructuring charges ranging from $35 million to $50 million, mostly for severance and post-employment benefits.

The company said it plans to focus on core beer brands while expanding into categories such as premium mixers, nonalcohol beverages, and energy drinks.