The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
France, Belgium, Luxembourg, UK, Sweden, Netherlands.
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Beverages 11.07 - Manufacture of soft drinks; production of mineral waters and other bottled waters
450 jobs Number of planned job losses
15 jobs Number of planned job creations
Announcement Date
26 October 2012
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2013
Description
The Coca-Cola Company, American multinational beverage corporation, announced its intention to cut up to 450 jobs by 2013 at its commercial and marketing divisions.
The new restructuring plan, decided one month after the reorganisation of its finance department (see here), will affect 241 jobs in the UK (out of a total of 4,500 employees), 172 in France (187 job cuts and 15 recruitments in the marketing division), 13 in the Netherlands; 11 in Belgium and 3 in Luxembourg. The number of job cuts in Sweden is unknown.
Eurofound (2012), The Coca-Cola Company, Internal restructuring in European Union, factsheet number 74425, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74425.
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