AB InBev to cut thousands of jobs after merger

August 26, 2016 12:32 PM

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The combined beer giant resulting from the mega-brew merger of Anheuser-Busch InBev and SABMiller is expected to shed several thousand jobs globally as it seeks to capitalize on cost-saving opportunities emanating from the deal.

Budweiser maker AB InBev will cut about 3% of the combined company's workforce after the deal is finalized, according to transaction documents filed Friday with regulators.

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