"Drastic Dave" cuts 2000 jobs at Guinness parent company – and collects over 16 million Euros

Diageo CEO "Drastic Dave" Stevens cuts 2,000 jobs (6.4% of the workforce) at the Guinness manufacturer after a drop in profits, in order to reduce costs. His compensation package of over 16 million euros is sparking discussions. This restructuring is a reaction to the challenging market environment.