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Treasury Wine Estates Limited
3 posts
Treasury Wine lost A$1.08bn and is now cutting 170 jobs. Is the Penfolds owner finally simplifying enough?
Treasury Wine Estates Limited has eliminated around 170 roles as its new regional operating model takes effect, with marketing, finance, information technology and other corporate functions carrying much of the reduction. The cuts form part of the TWE Ascent transformation, which targets A$100 million of annual savings while the Australian wine group simultaneously concentrates investment behind brands including Penfolds and DAOU.
Treasury Wine Estates (ASX: TWE) rallies despite A$558m US reset charge
Treasury Wine Estates rallied despite a A$558m US charge. Can stronger FY26 earnings, Penfolds and lower inventory sustain the TWE recovery?
Treasury Wine Estates shares jump as $TWE investors back brand cuts, cost savings and Americas review
Treasury Wine Estates is cutting brands and reviewing the Americas business. Find out how the $TWE reset could reshape investor sentiment.