Coca-Cola to lay off at least 1600 executives globally to trim costs

The world’s biggest beverage maker Coca-Cola has said that the company will lay off around 1600-1800 executives around the globe in the coming months to trim costs.

According to Stuff.co.nz, the company said that it has started informing employees in the United States and other international locations.

The Cocoa-Cola authorities said that they had workers across the world and that about 500 cuts will be at Atlanta headquarters.

The company has around 1,30,600 employees around the world, according to reports.

In October, the company said that they planned to trim costs by three billion dollars a year through a variety of measures.