Coca-Cola to lay off 75 employees at Atlanta headquarters

Coca-Cola to lay off 75 employees at Atlanta headquarters

AJC.combusiness

Key Points:

  • Coca-Cola announced it will lay off 75 employees at its Atlanta headquarters effective February 28 as part of a broader organizational restructuring to support future growth.
  • The layoffs were disclosed through a WARN notice, which is required for significant workforce reductions and aims to provide transparency and advance notice to affected employees and government agencies.
  • The company emphasized that the reorganization is intended to adapt to evolving consumer needs, drive innovation, and maintain competitiveness in a changing market.
  • Despite the job cuts, Coca-Cola reported recent revenue growth, with a 5% increase in the most recent quarter compared to the previous year, signaling ongoing business strength.
  • Executive leadership confirmed the layoffs are part of a strategic plan to position the company for continued success and