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Home World Business

Coca Cola to cut 1,600-1,800 jobs in cost-saving move

byCustoms Today Report
10/01/2015
in World Business
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NEW YORK: US soda giant Coca Cola plans to cut 1,600-1,800 jobs in a cost-saving move, a spokeswoman said here the other day. Coca-Cola, which has struggled to grow sales, said the cuts would come from its corporate headquarters, as well as from its North American and international divisions. The company began notifying employees here the other day. “As part of our recently announced, multi-year productivity initiatives, we are redesigning our operating model to streamline and simplify our structure and accelerate the growth of our global business,” the spokeswoman said in an email message.

 

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