Penfolds Owner Cuts 170 Jobs, Sells Brands as U.S. Earnings Slump

Treasury Wine Estates, the Australian wine group behind Penfolds, has cut about 170 jobs worldwide and is selling several brands as it restructures its business following a sharp decline in U.S. earnings. Read More The post Penfolds Owner Cuts 170 Jobs, Sells Brands as U.S. Earnings Slump appeared first on Vino Joy News.