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[Parham]

The US firm said it will cut 1,200 jobs starting later this year as it increases its cost-cutting target by $800m and is now expecting to save $3.8bn by 2019.

This represents about a 22 per cent reduction of its 5,500 corporate staff or a 1 per cent reduction in its total workforce of 100,300 employees, according to figures by FactSet, cited by AP.

Global sales of Coca-Cola's fizzy drinks fell by one per cent for the first three months of 2017 as health-conscious consumers across the US and Europe are increasingly shying away from drinks with a high sugar content.

More here

 

[Impeccable]

Thanks, Trump!

 

[Wilsongt]

Obama recession.

 

[MadLaughter]

But how?

http://www.foxnews.com/food-drink/2...portedly-orders-coca-cola-at-push-buzzer.html

 

[Dishwalla]

But "best jobs president you've ever seen!" though.

 

[VenomousCoffee]

I don't want people to lose their jobs, but I think the country is better off if Coke sales drop.

 

[Cormano]

I don't want people to lose their jobs, but I think the country is better off if Coke sales drop.

I agree.

 

[DudeWithNoName]

Putting corporate profits above people. Sprinkle in a little automation to make it happen. We will see much, much more of this in the coming years.

 

[BarringGaffner]

Thanks, Trump!

He literally has a red button on his desk that he can hit to get someone to bring him a Coke. He is doing his part.

 

[subrock]

Thanks, Trump!

to be fair, no one knew how difficult plunging your country into an obesity epidemic purely for financial gain could be