 |
|
|
Updated: 8:27 AM Oct 3, 2008
Coca-Cola plans layoffs this year
Company spokesman Dana Bolden would not say Thursday how many jobs will be eliminated, but said there will not be a major reduction in staff. Posted: 8:27 AM Oct 3, 2008Reporter: Associated Press |
|
Font Size:
October 3, 2008
ATLANTA (AP) -- The Coca-Cola Co. is cutting information technology jobs to become more efficient.
Company spokesman Dana Bolden would not say Thursday how many jobs will be eliminated, but said there will not be a major reduction in staff.
The IT department has 1,100 employees. They will be notified by mid-November of their job statuses. Separations will take place by the end of the year.
Coca-Cola President and CEO Muhtar Kent said earlier this year he wanted to find $400 million to $500 million in annual productivity savings by the end of 2011.
Copyright 2008 by The Associated Press. All Rights Reserved.
More Stories
Most Popular/Commented
- One of Fort Hood victims from Evans
- UPDATE: Suspect takes own life after Aiken robbery
- Family of teen killed in Burke County say intersection is dangerous
- Richmond County School officials look into cutting Senior tax exemption
- 3 North Augusta teens facing charges after local bank robbery
- 2 SC children removed from roach-filled home
- Walmart shoplifting suspect wanted
- Man wanted for armed robbery and hijacking a woman's car
- Wheeler Road Wachovia robbed
- 15-year-old Burke County teenager hit and killed
- Richmond County School officials look into cutting Senior tax exemption
10 Comments - Family of teen killed in Burke County say intersection is dangerous
6 Comments - 2 SC children removed from roach-filled home
5 Comments - Walmart shoplifting suspect wanted
2 Comments - Mass killing at Texas' Fort Hood
2 Comments
| Online Poll |
| There are currently no active polls at this time. Click here to view other polls on our site and past poll results. |
| Maxing Your Money Blog |
Stocks
Sponsored Headlines
