Campari Restructuring to Enhance Financial Health
Italian spirits giant Davide Campari announced necessary organizational restructuring to ensure financial stability over the medium and long term.
Amidst declining sales, the company acknowledged the need for improved resource allocation. Changes in revenue and infrastructure investments have affected profitability.
Campari is implementing initiatives to streamline operations, enhance growth, and reduce costs. The process is ongoing, and a specific global workforce reduction number is yet to be determined.