MillerCoors announced Monday that it is firing 200 workers and eliminating another 160 positions that are unfilled. The cuts represent 6 percent of its salaried workforce and 2 percent of its overall workforce.
The Chicago-based company said it believes the moves will "allow more financial flexibility to help the company meet long-term investment requirements in its brands and breweries while at the same time achieve its operating margin and profitability goals."