Coca-Cola plans to cut up to 125 jobs by year's end. All the jobs will be in North America. The Atlanta-based company says it’s part of a reorganization designed to spur growth and boost profits. Coke says employees who lose their jobs will be offered severance packages.
Also today Coke announced plans to help build a $45 million plastics recycling plant in South Carolina. The company will also expand other initiatives as part of a new goal to have every bottle it sells in the United States recycled or reused.
