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Coca-Cola to Cut 2,200 Jobs Worldwide Amid Covid Challenges

Coca-Cola Co. Products Ahead Of Earnings Figures
Photographer: Scott McIntyre/Bloomberg
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Coca-Cola Co. is cutting 2,200 jobs worldwide, including 1,200 in the U.S., as the soda maker deepens its restructuring efforts amid ongoing shutdowns of soft-drink friendly venues like movie theaters, bars and stadiums.

The reductions, totaling 2.5% of the company’s total workforce, involve a combination of voluntary buyouts and layoffs, a spokesman said Thursday via email. Coke had about 86,200 employees at the beginning of the year, including 10,400 in the U.S.