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Sujay Wasan

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[QUIET] [BUSINESS] [GB]

Diageo cost‑cutting and restructuring

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Latest: Diageo launches $1 bn three‑year cost‑cutting plan

In early August 2026 Diageo announced a multi‑year cost programme aimed at restoring organic revenue growth to a low‑single‑digit rate by fiscal 2028/29 after a 2 % sales decline and a $19.6 billion revenue drop. The pla