Coca-Cola cutting up to 350 jobs, mostly from its Atlanta HQ
ATLANTA (AP) — Coca-Cola will cut up to 350 management positions, mostly in its Atlanta headquarters during the next few months.
The Atlanta Journal-Constitution reports Coke said Monday that it’s making the cuts in its North American business unit which has about 8,000 employees.
Company spokesman Kent Landers says Coke has been implementing a new model that returns ownership of its bottling system to local operators.
Landers says changes include re-orienting jobs and adding new ones to meet Coke’s growth agenda. The cuts are in addition to the 1,200 corporate jobs Coke has been cutting in a move announced roughly a year ago.
Coca-Cola is providing outplacement help to those losing their jobs. Excluding bottlers it has around 5,000 employees in Georgia with the majority in Atlanta.
Information from: The Atlanta Journal-Constitution, http://www.ajc.com