The Coca-Cola Company

Photo: Glassdoor

Coca-Cola To Sack 2,200 Workers, Shut Low-Selling Sub-Brands

Due to the COVID-19's impact on businesses, beverage-giant Coca-Cola has decided to sack at least 2,200 employees across the world. Reportedly, the decision came after its revenue had dropped to USD 8.7 billion during the pandemic-ridden period. Moreover, the company has decided to shut down its slow-selling subsidiary brands, including Zico coconut water. Coke CEO said, "...the pandemic helped us realize we could be bolder in our efforts.”… read-more

Fri, 18 Dec 2020 - 01:12 PM / by Richa Nigam

Tags: COCA-COLA, Covid-19, US, Diet Coke, business

Courtesy: Indian Express