Coca-Cola Eliminates 421 American Jobs to Save $800 Million

Coca-Cola Layoffs Come As Atlanta Beverage Giant Diversifies

Fewer people are popping open a can of Coca-Cola compared to a decade ago.

The company is losing money, so in April it announced impending job cuts to yield “productivity savings.”

Coca-Cola said it expects to save an additional $800 million in productivity savings with its latest restructure, which included its latest notice to the Georgia Department of Economic Development that 421 employees based in three Atlanta offices will lose their jobs.

Read More…


Source