Coca-Cola Cutting Dozens of Jobs at Its Headquarters

A company executive indicated that workforce reductions would occur “in phases or waves over the coming months.”

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Coca-Cola plans to cut dozens of jobs at its Atlanta headquarters late next month, according to a notice filed with Georgia officials.

The beverage giant will shed 75 positions at its campus in the city effective Feb. 28 — part of a broader workforce restructuring effort as the company makes a change at CEO, the Atlanta Journal-Constitution reports.

The company wrote in the filing that the move would “support the company’s next chapter of growth.” Coke did not indicate which positions or job titles might be impacted.

A Coca-Cola spokesman told the paper that an unspecified number of jobs would also be added in Atlanta, and that the "overall number of changes will be determined over time” amid “an ongoing process.” Its chief people officer, meanwhile, wrote in a filing that workforce reductions would occur “in phases or waves over the coming months.”

Longtime Coca-Cola veteran Henrique Braun will become the company’s new chief executive in late March, succeeding James Quincey, who is stepping into an executive chairman role after nine years at the helm.

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