SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

coca cola

Coca-Cola to cut up to 1,800 jobs worldwide

HRjobs: Asia's only regional recruitment website 100% dedicated to HR jobs.
Post your HR vacancy FREE of charge here »

The Coca-Cola Co will be cutting thousands of of jobs worldwide as part of its recently-announced multi-year productivity initiative.

According to a statement, Coca-Cola will be redesigning their operating model to simplify their structures and increase growth and productivity of their global business.

This will result in around 1,600 to 1,800 employees being laid off from their positions in North America and internationally in the coming months.

According to the China Daily, a spokesperson confirmed Coca-Cola China’s operations will be mostly affected from this redesign.

“We do not take decisions about job impacts lightly,” a statement read. “We have committed that we will ensure fair, equitable and compassionate treatment of our people throughout this process.”

The company stated it began the process of informing associates in the US and in some international locations about the impacts to their departments.

“Productivity is an ongoing process at The Coca-Cola Company. We will continuously look for ways to streamline our business and drive growth as our business and our operating model evolve.”

Image: Shutterstock

 

 

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

Read More News

in Malaysia by

HREA jury spotlight: Khaw Li-Ki

Khaw Li-Ki, head of human resources for The Australia & New Zealand Banking Group has joined the panel of judges for the Human Res..

Trending

Leave a Reply

You must be logged in to post a comment.