Coca-Cola Co. cutting 1,000 jobs, 3 percent of workforce, in consolidation - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Coca-Cola Co. cutting 1,000 jobs, 3 percent of workforce, in consolidation

Updated:
ATLANTA (AP) _ Coca-Cola Co. said Thursday it will lay off 1,000 employees as part of an effort to streamline the beverage giant's North American operations.

The cuts at Coca-Cola North America, Coca-Cola Fountain, Minute Maid Co., Odwalla and Danone Waters amount to 8 percent of the North American division's 12,000 employees and 3 percent of Coke's 30,000 workers worldwide.

Half the job cuts will be in Atlanta, where Coke is based. They will be completed by the end of March.

``This will make our North American business simpler in process, sharper in strategic focus, and more competitive in the market,'' chairman and chief executive Doug Daft said in a memo to staff.

Over the past several years, Coca-Cola has eliminated thousands of jobs, often to shave costs. In 2000, the beverage giant trimmed 5,200 employees.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.