Moët Hennessy Plans to Shed About 1,200 Jobs
24, Rue Jean-Goujon, Quartier des Champs-Élysées, Paris 8e Arrondissement, Paris, Île-de-France, France métropolitaine, 75008, France
Moët Hennessy
ESTIMATEDDate confidence: ESTIMATEDA target, not a fixed dateHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all ESTIMATED pins57% CONFIDENCEOverall confidence: 57%How well the pin's source and references back up its dates.Weighted average of how firmly 3 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins from 50% to 74% confidenceEstimated: Vitisphere[2] dates the plan's disclosure to 'ce premier mai par la Lettre', and The Spirits Business[1] (9 May 2025) reports that Guiony and Alexandre Arnault 'reportedly told staff' of the cuts.
LVMH's wine and spirits arm Moët Hennessy plans to cut about 1,200 of its roughly 9,400 jobs, back to 2019 staffing, through departures that will not be replaced rather than layoffs, as cognac and champagne sales slide.