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Coca-Cola to cut 1,200 jobs as part of plans to simplify innovation and investment

on Apr 25, 2017 | 0 comments

By Tony Connelly

Coca-Cola has announced that it will cut around 1,200 jobs as it looks to facilitate a more streamlined approach to investments and new product launches.

The plans were revealed by the drinks company’s chief executive, James Quincey, in an investor call today (25 April) for Coca-Cola’s quarterly results announcement.

Quincey said the job axes would reduce complexity, simplify processes and speed up decision-making, ultimately allowing for a “faster and more agile business”.

“We are working through redesigning the organisation to be faster and more agile,” said Quincey. “The necessary changes will be difficult, but it they will enable us to do Read full story ›

Source: The Drum