Coca-Cola cuts 2,200 jobs, sheds drinks brands amid pandemic hurt - Business Insider

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Coca-Cola is cutting 2,200 jobs, including more than 10% of its US workforce, as it scraps half its drinks brands

Coca-Cola announced plans on Thursday to lay off 2,200 works globally, with more than half of the job losses in the US..

The coronavirus pandemic has hammered Coca-Cola's business, as sales at stadiums and movie theaters dried up due to lockdowns.Coca-Cola is laying off 2,200 workers as part of a larger restructuring aimed at paring down its business units and brands, the drinks giant announced Thursday. Around 1,200 of the layoffs will occur in the US, it said, including roughly 500 in Atlanta, where the company is based.The coronavirus pandemic has hammered Coke's business, as sales at places like stadiums and movie theaters dried up due to lockdowns. Its revenue fell 9% year-on-year to $8.7 billion between July and September.

 

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Can O'Soda.....; Melissa Bonjorn; Melissa Bonjorun....; Amy As Mike would say.....; Melissa Amy; LOL

Despite the horrific job loss, the 3 customers drinking decaffeinated Coca Cola Zero Vanilla Cherry flavor from mini-cans will start up a petition. overpersonalisation

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At least they brought Cherry Coke Zero back!

Closure of bars, pubs and restaurants also hitting the drinks market.

80/20 principle at work. Maintain vital few and discard the trivial many.

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