Coca-Cola To Cut Jobs In India

14/01/2015 6:35 PM IST | Updated 27/06/2016 9:52 PM IST
Bottling stickers are seen along the newly inaugrated production line at the Coca-Cola bottling plant in Nilai on the outskirts of Kuala Lumpur on November 3, 2014. Coca-Cola Malaysia inaugrated a new production line, capable of producing 750 bottles a minute and increasing the plant's capacity by 20 percent. Coca-Cola is the world's largest beverage company. AFP PHOTO/ MANAN VATSYAYANA (Photo credit should read MANAN VATSYAYANA/AFP/Getty Images)

NEW DELHI -- Beverages giant Coca-Cola will cut jobs around the world, including in India as part of a restructuring of its operating model.

"As part of the Coca-Cola Company's recently announced, multi-year productivity initiatives, we are now redesigning our operating model to streamline and simplify our structure and accelerate the growth of our global business," a Coca-Cola India spokesman said. "As we have acknowledged previously, this redesign work will result in impacts to jobs across our global operations including in India," he said.

The quantum of job losses in India is not yet clear. Coca-Cola employs around 250 people in India.

Up to 15,000 people are employed by the company's bottling partners which stay out of the redesign process. The Atlanta-based company had already announced it would cut between 1,600 and 1,800 jobs worldwide in coming months to trim costs. In October last year, the company had said it would cut costs by $3 billion by 2019 by bringing in enhanced efficiencies in its global operations. The company employs around 1,30,000 people globally.

Coca Cola sells a variety of both carbonated and non- carbonated drinks in India, including Coca Cola, Thums Up, Sprite, Maaza and Minute Maid.

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