Softdrink giant Coca-Cola is set to cut up to 1800 jobs worldwide as it continues cost-cutting efforts.
Photo: 123rf
The company reported a 14 percent drop in earnings for the July to September quarter last year and sluggish revenue growth.
The job cuts will affect the firm's Atlanta headquarters as well as its international operations.
Coca-Cola has a global workforce of about 130,000.
A spokesperson for Coca-Cola in New Zealand said the New Zealand operation was not affected.
Vanuatu Brewing Limited, which imports Coca Cola into Vanuatu, is calling on the government to repeal its new excise tax.
Coca-Cola and PepsiCo have both signed voluntary global guidelines on land tenure in developing nations.
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Coca-Cola has lost a passing-off battle against Pepsico, relating to the bottle shape of Pepsi drinks sold in New Zealand.
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