A Coca Cola sign is seen as Coke products are on display in a store as the company announces plans to cut 1200 corporate staff jobs. The announced changes come as the company battles a slide in soda sales which along with higher costs has lead to a 20 per cent drop in quarterly profit. Photo: AFP
A Coca Cola sign is seen as Coke products are on display in a store as the company announces plans to cut 1200 corporate staff jobs. The announced changes come as the company battles a slide in soda sales which along with higher costs has lead to a 20 per cent drop in quarterly profit. Photo: AFP
Coca-Cola
Business /  Companies

Coca-Cola to slash 1,200 jobs as demand for sugary drinks sink

Agence France-Presse
Agence France-Presse

Updated: 4:56am, 26 Apr, 2017

Why you can trust SCMP
A Coca Cola sign is seen as Coke products are on display in a store as the company announces plans to cut 1200 corporate staff jobs. The announced changes come as the company battles a slide in soda sales which along with higher costs has lead to a 20 per cent drop in quarterly profit. Photo: AFP
A Coca Cola sign is seen as Coke products are on display in a store as the company announces plans to cut 1200 corporate staff jobs. The announced changes come as the company battles a slide in soda sales which along with higher costs has lead to a 20 per cent drop in quarterly profit. Photo: AFP
READ FULL ARTICLE