Pernod Ricard announces restructuring plan with job cuts in response to declining alcohol sales in France.

Headline: Pernod Ricard Announces Cost-Reduction Plan in Response to Declining Alcohol Sales

Summary: Pernod Ricard, the world’s second-largest spirits company, has shared an internal plan aimed at reducing costs by €1 billion by 2029. While this plan will involve some employee departures, specific numbers regarding the workforce reduction have yet to be provided.

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