Coca Cola To Offer Buyouts To 4,000 Workers In North America
Coca-Cola is slated to cut thousands of jobs and reduce its number of business units as the beverage behemoth faces declining sales during the COVID-19 pandemic, as CNN reports. On…

SAN RAFAEL, CA – JULY 25: Cans of Coca Cola are displayed on July 25, 2018 in San Rafael, California. Coca Cola announced plans to raise soda prices in North America due to rising prices of metals following tariffs imposed on Chinese imports by the Trump administration.
(Photo by Justin Sullivan/Getty Images)Coca-Cola is slated to cut thousands of jobs and reduce its number of business units as the beverage behemoth faces declining sales during the COVID-19 pandemic, as CNN reports.
On Friday (Aug. 28), Coke said the job cuts would come via involuntary and voluntary reductions. The company plans on offering buyouts to 4,000 employees in the United States, Canada, and Puerto Rico while offering similar voluntary programs in other countries.