Global issues

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Coca-Cola Amatil to close South Australia bottling plant leading to around 180 job losses

On Wednesday 22 February Coca-Cola Amatil announced the closure of its bottling factory in South Australia with the loss of around 180 jobs.

The closure of the bottling plant located in the inner-city Adelaide suburb of Thebarton is planned to close in 2019.

Coca-Cola sued for misleading public over healthfulness of drinks

The Center for Science in the Public Interest has filed a lawsuit on 4 January in the federal court in California.

Coca-Cola Makes Management Changes; Asia, Africa Chiefs Eased Out

Coca-Cola Co. shook up its management on May 24, 2016 replacing the heads of its Asia and Africa businesses, in the first major move by President and Chief Operating Officer James Quincey to put his stamp on the beverage giant.

Mr. Quincey, who now looks more likely than ever to succeed Coke Chief Executive Muhtar Kent, also is realigning the international structure.

The company is creating a consolidated Europe, Middle East and Africa group in the latest attempt to boost profit and revenue amid sluggish soda sales.

Coke Profit and Revenue Fall as Volume Is Flat

Coca-Cola reported that revenue and profit declined in its latest quarter as soda volume was flat amid weakness abroad.

Shares, up 13% over the past three months, fell 1.8% premarket to $45.77, although results edged in just above Wall Street's expectations.

Coke Tweaks Its Business Model Again

Company rushes to sell off manufacturing, distribution in order to focus on concentrate

Coca-Cola Co. has changed course yet again on a basic part of its business model: how to control manufacturing and distribution without having to own them. And this might be its last chance to get it right.

Coca-Cola to eliminate up to 1800 jobs under its cost-cuting drive

The Coca-Cola company(TCCC) plans to cut up to 1,800 jobs across the globe over the coming weeks, as part of a $3 billion cost-cutting drive. Redundancies will be significant at the company's headquarters in Atlanta and global regional offices  where more than 10 percent of corporate staff could lose their jobs, but bottling and distribution divisions will be largely unaffected for now. TCCC has a global work force of more than 130,000 and the company employs nearly 8,900 in Atlanta.
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