Company/Organisation:
The Coca-Cola Company
Geographic Location
Country:
World
Location of affected unit(s):
United States, Europe and Asia
Company
Sector:
Manufacturing
Manufacture of food products, beverages and tobacco products
11 - Manufacture of beverages
Number Employed:
56000
Group:
The Coca-Cola Company
Employment Effects
Announcement Date:
30-10-2003
Planned Job Reductions min:
2800
Planned Job Reductions max:
2800
Type of Restructuring:
Internal restructuring
Additional Information
In September 2003, The Coca-Cola Company announced a restructuring plan affecting 1,900 jobs worldwide. In October 2003, The Coca-Cola Company announced 900 additional job losses. On a total workforce of 56,000 employees worldwide, Coca-Cola will dismiss 5%, i.e. 2,800 jobs. 1,275 jobs will be dismissed in the United States by the closure of several plants; 900 in Germany; and the rest, 635 jobs, in Asia.
Sources:
30-10-2003Les Echos
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