FTSE 100 news / Companies and sectors / Diageo / 8 October 2026
Diageo (DGE): news on Thursday 8 October 2026
−3.3 negative
Coverage centred on the Guinness Baltimore brewery closure with 174 layoffs, and an escalating strike at Cameronbridge as job cuts loom. A Zacks upgrade and some valuation commentary offered a little balance but did not outweigh the negatives.
What drove it
- brewery closure and layoffs
- Cameronbridge strike
- analyst upgrade
The 10 stories
- −8.3 Diageo Cameronbridge strike escalates as job cuts loom
Strike escalating at Cameronbridge with job cuts looming. - −5.8 174 workers face layoffs as Guinness Open Gate Brewery prepares to close in Baltimore County
174 layoffs as Guinness Baltimore brewery prepares to close. - +5.0 Diageo (NYSE:DEO) Upgraded at Zacks Research
Analyst research upgrade is favourable. - +4.2 Diageo (LSE:DGE) Stock May Be 50% Undervalued On Brewery Closure
Valuation piece suggests undervaluation despite brewery closure; mildly positive. - −4.2 Diageo shares technical analysis: Weak momentum at GBX1,623 resistance
Technical analysis notes weak momentum at resistance level. - −3.3 Guinness Is Closing Its $90 Million Baltimore Brewery. It’s Not Because the Brand Is Shrinking
Closure of Baltimore brewery, though framed as not brand weakness. - +2.5 Diageo and Tales of the Cocktail Open 2027 World Class U.S. Bartender Competition
Routine brand partnership for bartender competition; mildly positive. - −1.7 Is FTSE 100 Diageo (LSE:DGE) Closer to a Turnaround After Its Latest Job Cuts?
Job cuts weigh, with questions over a possible turnaround. - +0.8 Is Diageo (LSE:DGE) Priced For Its Cash Flow After Brewery Closure?
Cash flow valuation question after brewery closure; balanced. - +0.5 Diageo Promotes Lazola Sikupela To HR Director For Africa - Brand Spur
Minor internal HR appointment; essentially neutral.
Diageo: every day · Consumer staples on 8 October 2026 · FTSE 100 overview for the day