Skip to content
October 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • COVID-19: Coca-Cola to cut 2,200 jobs globally, including 1,200 in U.S.
  • International News

COVID-19: Coca-Cola to cut 2,200 jobs globally, including 1,200 in U.S.

Admin December 18, 2020
Coca Cola

Coca Cola bottles

Coca-Cola Co will cut 2,200 jobs globally, including 1,200 in the United States, it said on Thursday, as the economic fallout from the COVID-19 pandemic forces the world’s largest soda maker to accelerate its business restructuring.

The company in August said it was offering voluntary separation packages to 4,000 workers in the United States, Canada and Puerto Rico, as it looked to streamline itself while its sales were taking a hit from the health crisis.

Coca-Cola said on Thursday it will not disclose the number of employees who have accepted the package. It also did not give details about the timeline for the job cuts.

The news of job cuts come as millions of Americans are already stuck on unemployment benefits as a relentless wave of new COVID-19 infections hobble business operations.

“The pandemic was not a cause for these changes, but it has been a catalyst for the company to move faster,” Coca-Cola said in an emailed statement.

It had about 86,200 employees at the end of last year, of which 10,400 were located in the United States.

About 500 job cuts will be in metro Atlanta, where Coca-Cola’s headquarter is based.

REUTERS

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Coca-Cola

Post navigation

Previous The nation will record giant strides if we consume what we produce – Gov. Ikpeazu 
Next Polytechnic workers to begin nationwide strike, Jan. 4

Related Stories

Putin woos African leaders, says Russia a better partner than ‘colonial’ West
  • International News

Putin woos African leaders, says Russia a better partner than ‘colonial’ West

October 28, 2026
West ​‌‌‌⁠‍‍⁠⁠‍‌‌‌⁠‍​‍​‌​African regulators seek unified fuel standards Taliban
  • Business & Economy
  • International News

West ​‌‌‌⁠‍‍⁠⁠‍‌‌‌⁠‍​‍​‌​African regulators seek unified fuel standards

October 26, 2026
Ebola scientists to probe Nigeria case origin, Africa CDC says lives and livelihoods
  • International News

Ebola scientists to probe Nigeria case origin, Africa CDC says

October 26, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele
  • Business & Economy

Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele

October 30, 2026
“Obtain Necessary Permits”, Lagos Cracks Down on Illegal Borehole Drilling, to Prosecute Violators
  • metro

“Obtain Necessary Permits”, Lagos Cracks Down on Illegal Borehole Drilling, to Prosecute Violators

October 30, 2026
Drilling Borehole Without Approval Is Illegal, Punishable By Law – Lagos Govt
  • Metro News

Drilling Borehole Without Approval Is Illegal, Punishable By Law – Lagos Govt

October 29, 2026
1 in 4 Nigerian stroke patients under 50, expert says
  • National News

1 in 4 Nigerian stroke patients under 50, expert says

October 29, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.