Advertisement

Coca-Cola to cut 1,200 jobs as sales drops

The US firm Coca-Cola has said it will cut about 1,200 jobs due to falling demand for its fizzy drinks.
    
Its global carbonated drink sales fell one per cent in the quarter to March 31.
   
The Coca-Cola cuts will begin in the second half of 2017 and continue into 2018.
     
Coca-Cola and rival PepsiCo's sales have taken a hit as consumers in North America and Europe have increasingly turned away from sugary drinks.



comments powered by Disqus
Most Popular
Fiery protest in Spanish town following...