Anheuser-Busch InBev Lays Off Hundreds Of US Workers After Bud Light Controversy And Declining Sales

Bud Light faced backlash after partnering with a transgender influencer, leading to calls for boycotts.
Bud Light sales have declined steadily since April, with Modelo Especial surpassing it as the top-selling beer.
Anheuser-Busch is laying off less than 2% of its US workforce, around 380 corporate and marketing positions.
The layoffs aim to simplify the organization and will not affect frontline brewery and warehouse workers.
Anheuser-Busch's stock price and sales of other brands have also declined due to the controversy.