Coca-Cola to Cut 1,200 Jobs as People Drink Less Sugary Drinks
Coca Cola said it would cut 20% of its corporate workforce to save $800m, and will increase cuts to save $3.8b by 2019. The current corporate staff is 5,500, around 5% of the total workforce of over 100,000. The company expects profits to be down 1 – 3% this year. Sugary drink and snack companies … Read more