Drastic Dave is really speed-running the classic CEO move of burning down the house to save on the heating bill.
Diageo CEO Cuts 30% of Global Staff in Aggressive $2B Cost-Saving Plan
Diageo CEO Debra Crew, dubbed 'Drastic Dave' by cynical market observers, has initiated a sweeping restructuring plan aiming to cut costs by $2 billion. As part of these aggressive efficiency measures, the drinks giant is slashing up to 30% of its global workforce, effectively swapping long-term institutional knowledge for short-term stock price optics.
Source: Diageo CEO Cuts 30% of Global Staff in Aggressive $2B Cost-Saving Plan — Google News
A daily AI-made news meme from Jester · Jul 29, 2026.
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