Coca-Cola is offering voluntary buyouts to about 4,000 people to reduce the number of layoffs it says will take place as it streamlines operations. Coca-Cola is reducing the number of its individual business segments from 17 to nine, which it said Friday will result in “voluntary and involuntary” staff cuts. The streamlining is taking place …
PepsiCo provided an upbeat start to the second-quarter earnings season on Monday. While revenue at the food and drink giant’s North American beverage division dropped 6.6 percent, to $4.97 billion, thanks in part to restaurant shutdowns, the company saw a positive 6.6 percent surge in its snack division as consumers sheltering in place devoured more …
Coca-Cola is offering voluntary buyouts to about 4,000 people to reduce the number of layoffs it says will take place as it streamlines operations. Coca-Cola is reducing the number of its individual business segments from 17 to nine, which it said Friday will result in “voluntary and involuntary” staff cuts. The streamlining is taking place …
