French spirits maker Pernod Ricard India has reduced its workforce by at least 200 employees over the past two years, bringing its total headcount down to 1,400 as part of a major operational restructuring, according to livemint.com. The company initiated these cuts to streamline operations amid changing market dynamics.
Between January and July 2026 alone, Pernod Ricard India asked at least 50 mid-to-senior management employees to leave, reflecting a focused effort on reshaping its leadership and operational structure. This move is part of a broader strategy to optimize costs and improve efficiency across its Indian business, which markets brands such as Royal Stag, Blenders Pride, and Chivas Regal.
The job cuts highlight the challenges faced by global spirits companies in India’s competitive market, where premium and mass-market segments are evolving rapidly. Pernod Ricard’s restructuring aligns with similar moves by other multinational firms aiming to adjust to shifting consumer preferences and economic pressures. The company’s decision to reduce headcount is a significant step in managing operational costs while maintaining its market presence.
Pernod Ricard India’s workforce now stands at approximately 1,400 employees following the two-year restructuring. The company’s next quarterly earnings report, expected later this year, will provide further insights into the impact of these changes on its financial performance in the Indian market.