Coca-Cola To Cut Thousands Of Jobs Due To Pandemic

Coca-Cola is offering voluntary layoff deals to about 4000 employees in the US, Canada, and Puerto Rico, who were hired on or before September 1st, 2017. This severance program is expected to cost up to $550 million. The company is facing a decline in sales due to the closure of restaurants, theaters, and sports venues during the pandemic.

What type of layoff deals is Coca-Cola offering?

• Temporary

• Voluntary

• Mandatory

• Permanent

How many employees are eligible for the layoff deals?

• 2000

• 3000

• 4000

• 5000

What is the expected cost of the severance program?

• $550 million

• $600 million

• $450 million

• $500 million

Which regions are included in the layoff deals?

• Canada, Mexico, and Puerto Rico

• US, Mexico, and Puerto Rico

• US, Canada, and Puerto Rico

• US, Canada, and Mexico

What has caused a drop in Coca-Cola's sales?

• Increased competition

• Supply chain issues

• Closure of venues during the pandemic

• Product recalls