ATLANTA — Coca-Cola said Tuesday it will be eliminating 1,200 corporate jobs later this year as part of an expanded cost-cutting program.
Coca-Cola President James Quincey, who is set to take over as chief executive of the Atlanta company on May 1, announced the job cuts during the company’s first-quarter earnings call with investors.
No specifics were available on how many jobs might be cut at Coca-Cola’s headquarters, but a company spokesman said the number would be “significant.” The company has about 7,500 employees in metro Atlanta and 9,000 in Georgia, including both bottling operations and its corporate headquarters.
