Monday, April 20, 2009

Sorry, Jack

So much for the conventional wisdom that liquor sales are recession proof. The company that owns two classic potent potables, Jack Daniels and Southern Comfort, says today it's cutting jobs, slashing merit pay and offering buyouts.

Louisville-based distiller Brown-Forman says it's cutting about 250 jobs in it's worldwide operations. That's about six percent of its workforce.

According to an article in the Louisville Courier-Journal, "all employees affected by the reduction in force will be offered severance pay, career counseling assistance, and other benefits."

Other benefits? A case or two of whiskey would be a nice parting gift.

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