Anheuser-Busch InBev, the world's largest brewer, has laid off hundreds of workers at its U.S. offices due to declining sales of Bud Light. The company stated that less than 2% of its approximately 18,000 U.S. workforce would be affected, and front-line workers like brewery and warehouse staff would not be impacted. The restructuring focused on eliminating corporate and marketing roles at major U.S. offices in cities such as St. Louis, New York, and Los Angeles. The sales of Bud Light plummeted following a commercial backlash over a promotion involving transgender influencer Dylan Mulvaney. As a result, Mexican brand Modelo Especial surpassed Bud Light as the top-selling beer in the U.S. Anheuser-Busch InBev is expected to provide an update on its latest quarterly financial results in the upcoming week.