It’s a hot topic at Coca-Cola and its biggest bottler these days, writes AJC reporter Jeremiah McWilliams.
When the dust settles, who will have a job, and where?
With Coke planning to merge its North American business with that of bottler Coca-Cola Enterprises soon, talk of coming shake-ups — either jobs moving or being eliminated — has floated around the Coke tower on North Avenue and bottling plants in the Atlanta suburbs, McWilliams reports.
Coke has said the deal will generate annual cost savings of about $280 million over four years, concentrated in manufacturing, information technology and infrastructure including real estate. The company has not said how much of those savings will be in the form of job cuts, McWilliams writes.
The deal awaits only approval by CCE shareholders — expected to be granted at a special meeting Oct. 1 — and an okay from the Federal Trade Commission and Canadian regulators.
Tom Pirko, president of California consulting firm Bevmark, told McWilliams he does not believe Coke executives have decided how many jobs will be eliminated. But “if you take those two words — streamline and cut costs — that means fire employees,” he said.
“Everybody is really up in the air,” said Nelson Calderon, an eight-year employee of Coca-Cola Enterprises . “Nobody feels safe over there. The company has not sat down with us to explain how things are going to come down. That creates anxiety. Everybody is walking around not knowing what to expect.”
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