Location: South Africa.
Based on news reporting.
The Coca-Cola Company is set to lay off 680 employees as part of a restructuring effort that includes the closure of two plants in South Africa. This decision comes amid ongoing challenges in the beverage market and aims to streamline operations. The layoffs are expected to impact various roles within the affected facilities, which are part of the company's broader strategy to enhance efficiency and reduce costs. The company has not specified the exact timeline for the layoffs but has indicated that they are part of a significant operational shift.
The Coca-Cola Company cut 680 jobs as of October 1, 2023.
That is roughly 0.9% of the 79,100 people The Coca-Cola Company employs.
LayoffTalk has tracked 35 layoff events at The Coca-Cola Company since October 2023, affecting a combined 3,732 employees.
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