Thursday, May 26, 2011
Ireland did its bit for Guinness -- but Diageo responds with job cuts
PRESIDENT Obama's massive publicity boost for Guinness has left a bitter aftertaste, as just 24 hours after he sank a pint of Ireland's famous black stout, the drinks group was telling 400 of its 1,700 Irish staff to brace themselves for job losses.While everyone else here is hoping to cash in on the US president's and Queen Elizabeth's recent visits to our beautiful but financially distressed shores, the giant Diageo drinks group has not factored in a sales boost in Ireland. An
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