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Monday, August 31, 2020

Coca-Cola plans layoffs, offers 4,000 buyouts as company announces global reorganization

Atlanta-based Coca-Cola Company announced Friday a major global reorganization of its workforce that will lead to thousands of job cuts and buyouts for employees in the United States and Canada.

The beverage giant said that in order to "minimize the impact" from the structural changes, it will offer voluntary separation packages to 4,000 employees working in the continental U.S., Canada and Puerto Rico that were hired on or before Sept. 1, 2017.

The company is forecasting its overall global severance program will cost between $350 million and $550 million.

Coke has more than 86,200 employees worldwide of which more than 10,000 were in the United States.

9 comments:

Anonymous said...

Slogans, 1886–2018 in the United States of America (usually including Canada, the United Kingdom and Ireland)
1886 - Drink Coca-Cola and enjoy it.
1905 - Coca-Cola revives and sustains.
1906 - The great national temperance beverage.
1908 - Good til the last drop.
1910 - Whenever you see an Arrow think of Coca-Cola[3]
1917 - Three million a day.
1922 - Thirst knows no season.
1923 - Enjoy life.
1924 - Refresh yourself.
1925 - Six million a day.
1926 - It had to be good to get where it is.
1927 - Pure as Sunlight.
1927 - Around the corner from anywhere.
1928 - Coca-Cola ... pure drink of natural flavors.
1929 - The pause that refreshes.
1932 - Ice-cold sunshine.
1937 - America's favorite moment.
1938 - The best friend thirst ever had.
1938 - Thirst asks nothing more.
1939 - Coca-Cola goes along.
1939 - Coca-Cola has the taste thirst goes for.
1939 - Whoever you are, Whatever you do, think of good ice cold Coca-Cola.
1941 - Coca-Cola is Coke!
1942 - The only thing like Coca-Cola is Coca-Cola itself.
1944 - How about a Coke?
1945 - Coke means Coca-Cola.
1945 - Passport to refreshment.
1947 - Coke knows no season.
1948 - Where there's Coke there's an ice cold.
1949 - Coca-Cola ... along the highway to anywhere.
1952 - What you want is a Coke.
1954 - For people on the go.
1956 - Coca-Cola ... makes good things taste better.
1957 - The sign of good taste.
1958 - The cold, crisp taste of Coke.
1959 - Coca-Cola refreshes you best.
1963 - Things go better with Coke.
1969 - It's the real thing.
1975 - Look up, America.
1976 - Coke adds life.
1979 - Have a Coke and a smile (see also Hey Kid, Catch!)
1980 - Coke is it!
1982 - the launch of DietCoke in the US.
1983 - the launch of DietCoke in the UK.
1985 - America's real choice.
1986 - Red, white & you. (for Coca-Cola Classic)
1986 - Catch the wave. (for New Coke)
1987 - Can't beat the feeling!.
1990 - Can't Beat The Real Thing.
1993 - Always Coca-Cola. (brought back in the UK, Ireland and Iceland 2018[4])
1995 - Always and Only Coca-Cola (test marketed, secondary radio jingle).
1998 - Born to be red. (US)
1998 - Coca-Cola always the real thing! (UK)
1999 - Enjoy. (also used in the UK)
2001 - Life tastes good. (also used in the UK)
2003 - Real. (also used in the UK)
2005 - Make It Real. (also used in the UK) and the launch of CokeZero in the US.
2006 - the Coke side of life (also used in the UK) and the launch of CokeZero in the UK.
2009-2015 - Open Happiness
2016 - Taste the Feeling, and CokeZero renamed CokeZeroSugar.
2018 - new look of the DietCoke and words get smaller with Coke and CokeZeroSugar.
Jun 2018 - another new look of the DietCoke.
Nov 2018 - new look of CokeZeroSugar and Coke.

Anonymous said...

Shut it’s doors for COVID and fires half it’s employees to make thing safe. Opens up plants in China. Makes sense

Anonymous said...

Coke....America's drink....yet only 11% of its employees are in the US. If that doesn't make you stop and think, then you never will care.

Anonymous said...

Well since they've become another political company. They have decided to become a global company. Which means screw AMERICA.

Anonymous said...

I'd like to teach the world to sing, in perfect harmony. I'd like to buy the world a coke and keep it company.

Anonymous said...

🖕BUT SPEND $500.000 ON BLM 🖕

Anonymous said...

317-Logistically, financially, and logically, it makes zero sense to bottle a Coke in Kentucky, to have to ship it around the globe to the end user.

Anonymous said...

4:40 spot on,the list of corporations who fund hate groups needs to be posted.

Anonymous said...

317...this is Coca Cola North America out of Atlanta. This is coke when you think of coke...the syrup in the vault coke. There are several bottlers in the US who service the stores you shop in.