Coca-Cola to cut 1,600-1,800 jobs globally
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Coca-Cola Co. is axing at least 1,600 white-collar jobs globally as part of a cost-cutting push in response to sluggish soda sales.
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Questions & Answers
Q.What is the reason behind Coca-Cola's decision to cut jobs?
What is the reason behind Coca-Cola's decision to cut jobs?
A.
Coca-Cola is cutting white-collar jobs globally as part of a cost-cutting measure. This push is in response to a period of sluggish soda sales.
Q.Which employees will be affected by Coca-Cola's job cuts?
Which employees will be affected by Coca-Cola's job cuts?
A.
The job cuts at Coca-Cola will specifically affect white-collar employees. At least 1,600 of these roles are being axed globally as part of the company's cost-cutting strategy.
Q.How many jobs does Coca-Cola plan to cut?
How many jobs does Coca-Cola plan to cut?
A.
Coca-Cola Co. Intends to cut at least 1,600 jobs globally. The company's plan specifies a range of 1,600 to 1,800 positions being axed.
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