The Coca-Cola Company

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
France, Belgium, Luxembourg, United Kingdom, Sweden, Netherlands
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
11.0 - Manufacture of beverages
11.07 - Manufacture of soft drinks and bottled waters
450 jobs
Number of planned job losses
Job loss
15 jobs
Number of planned job creations
Job creation
Announcement Date
26 October 2012
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2013

Description

The Coca-Cola Company, American multinational beverage corporation, announced its intention to cut up to 450 jobs by 2013 at its commercial and marketing divisions.

The new restructuring plan, decided one month after the reorganisation of its finance department (see here), will affect 241 jobs in the UK (out of a total of 4,500 employees), 172 in France (187 job cuts and 15 recruitments in the marketing division), 13 in the Netherlands; 11 in Belgium and 3 in Luxembourg. The number of job cuts in Sweden is unknown.

Sources

Citation

Eurofound (2012), The Coca-Cola Company, Internal restructuring in European Union, factsheet number 74425, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74425.