Flight is a great alternative to Ultra wokeness aside.

txags92 said:

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Opalka said:

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So conservatives boycott Bud Light, and drive the stock price down. And now DeSantis wants to sue AB because the stock price hurts the shareholders. Wow, this guy wants to be president? Why are all of the republican nominees so unhinged?
https://www.yahoo.com/news/desantis-calls-state-investment-manager-002733560.html

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When publicly traded companies like AB or Disney make decisions that hurt their shareholders in the service of other agendas, it violates their fiduciary duty to the shareholders and they should be accountable for the losses incurred as a result. That is not an "unhinged" or extremist position. When companies sell shares of stock to become publicly traded, part of the deal is that they now owe a duty to those shareholders to act in the interest of improving the return on investment by maximizing profits. Serving the agenda of ESG and other woke mobs doesn't do that and violates their fiduciary duty.

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Opalka getting his head bashed in with nothing but facts. Must be a day that ends in Y

Opalka said:

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So conservatives boycott Bud Light, and drive the stock price down. And now DeSantis wants to sue AB because the stock price hurts the shareholders. Wow, this guy wants to be president? Why are all of the republican nominees so unhinged?
https://www.yahoo.com/news/desantis-calls-state-investment-manager-002733560.html

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What university do you teach at? Or what media outlet do you work at?

Opalka said:

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So conservatives boycott Bud Light, and drive the stock price down. And now DeSantis wants to sue AB because the stock price hurts the shareholders. Wow, this guy wants to be president? Why are all of the republican nominees so unhinged?
https://www.yahoo.com/news/desantis-calls-state-investment-manager-002733560.html

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Can't we all just celebrate the fact that Cancer has been cured. Even for one damned day????

aggiedata said:

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NSFW

Or really any place. I'm sure BL loves this representation.

pic.twitter.com/cemeg7cn0M

— Clown World ™ 🤡 (@ClownWorld_) July 26, 2023

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Looking forward to getting some hard numbers with this morning's earnings call/release.

Bud Light maker Anheuser-Busch to lay off hundreds of employees, company says (nbcnews.com)

Quote:

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Anheuser-Busch, the parent company of Bud Light, announced it would be laying off some 350 employees, many of them corporate positions, as it seeks to recover from the fallout over a campaign involving a trans influencer.

In a statement reported by multiple outlets, the company said Wednesday that the layoffs would affect less than 2% of its approximately 18,000 employees nationwide.

An Anheuser-Busch spokesperson did not immediately respond to a request for comment.

"Today we took the very difficult but necessary decision to eliminate a number of positions across our corporate organization," said Anheuser-Busch CEO Brendan Whitworth. "While we never take these decisions lightly, we want to ensure that our organization continues to be set for future long-term success."

The layoffs will not include frontline staff such as "brewery and warehouse staff, drivers, and field sales, among others," the company said. The move was designed to "simplify and reduce layers within its organization," it said.

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But remember, the sales drop is really no big deal.

Squadron7 said:

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But....but....but...

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That was one of the points where I knew BL was screwed. When your beer becomes a political virtue signal for one political party and way more than 50% of your current customers probably voted for the other party, you are in for a rough ride.

txags92 said:

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Squadron7 said:

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But....but....but...

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That was one of the points where I knew BL was screwed. When your beer becomes a political virtue signal for one political party and way more than 50% of your current customers probably voted for the other party, you are in for a rough ride.

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Nobody in that photo drinks beer.

Everyone in that photo has used the bottle more than once.

Squadron7 said:

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txags92 said:

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Squadron7 said:

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But....but....but...

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That was one of the points where I knew BL was screwed. When your beer becomes a political virtue signal for one political party and way more than 50% of your current customers probably voted for the other party, you are in for a rough ride.

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Nobody in that photo drinks beer.

Everyone in that photo has used the bottle more than once.

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And yet they are all democrats holding up the bottle as a political symbol of their virtue. When your goal is to sell beer to everybody on both sides of the aisle, it is never a good thing for your beer to become a symbol for one side.

It isn't just pandering, it's pandering to a very specific, highly controversial, morally objectional, mentally sick tiny subset that has practically zero market power specifically to associate their product with the political and cultural objectives of that subset and the ideology that encompasses, normalizes, and enables them. All in explicit objection to their massive actual consumer base.

Just simply calling it pandering is a whitewash of what it really is. This is just as egregious a position as those that say, "it's just a can".

Squadron7 said:

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But....but....but...

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Photo reminds me of when Democrat leaders marched through Chinatown in February 2020 encouraging people to go out and spread covid.

Stat Monitor Repairman said:

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Squadron7 said:

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But....but....but...

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Photo reminds me of when Democrat leaders marched through Chinatown in February 2020 encouraging people to go out and spread covid.

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Member Hug A Chinese Day?

I 'member.

powerbelly said:

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deddog said:

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ProgN said:

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Bud Light maker Anheuser-Busch to lay off hundreds of employees, company says (nbcnews.com)

Quote:

---

Anheuser-Busch, the parent company of Bud Light, announced it would be laying off some 350 employees, many of them corporate positions, as it seeks to recover from the fallout over a campaign involving a trans influencer.

In a statement reported by multiple outlets, the company said Wednesday that the layoffs would affect less than 2% of its approximately 18,000 employees nationwide.

An Anheuser-Busch spokesperson did not immediately respond to a request for comment.

"Today we took the very difficult but necessary decision to eliminate a number of positions across our corporate organization," said Anheuser-Busch CEO Brendan Whitworth. "While we never take these decisions lightly, we want to ensure that our organization continues to be set for future long-term success."

The layoffs will not include frontline staff such as "brewery and warehouse staff, drivers, and field sales, among others," the company said. The move was designed to "simplify and reduce layers within its organization," it said.

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Trying to make the books look better?

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It isn't going to fix bad sales numbers.

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Exactly, it does nothing to help their revenue but they can show a bottom line improvement after they try to hand waive their cratering sales figures. It won't work. They are done as a brand.

ETA - just read Kyle Field is not renewing with AB and going with Miller/Coors! I wonder how many other venues are doing the same with their contract renewals. Blood bath.

Bjork said today that AB is out coors miller new beer of Aggie athletics