Coca-Cola India to lay off 4%-5% workforce under its cost-cuting drive

Coca-Cola India to lay off 4%-5% workforce under its cost-cuting drive

Coca-Cola India is expected to lay off 4%-5% of its workforce as part of its Atlanta based parent’s move to cut up to 1,800 jobs globally. At present 250 employees are working with Coco-Cola India. Part of cost cutting straggles it has cutting 1600-1800 jobs across the global units of COCA-COLA. “We are redesigning our operating model to streamline and simplify our structure and accelerate growth. This redesign work will result in impacts to jobs across our global operations including in India says company representative.

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