By McKenna Horsley Kentucky Lantern The Brown-Forman Corp., a giant spirts company based in Kentucky, announced Tuesday it plans to reduce its global workforce by 12% as part of a “a series of strategic initiatives to position the company for continued growth in the dynamic global spirits market.

Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer trends and renewed tariff threats.

LOUISVILLE, Ky. (WDRB) -- Louisville-based Brown-Forman announced a corporate restructuring that will cut 12% of its global workforce of 5,400 employees. In a news release Tuesday, the spirits company did not detail how many of those cuts were at the Louisville headquarters.