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Pandemic Diaries: Leading Beverage Company To Lay-Off Over 2,000 Employees

By:  Tupaki Desk   |   19 Dec 2020 12:29 PM GMT
Pandemic Diaries: Leading Beverage Company To Lay-Off Over 2,000 Employees
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The ongoing Coronavirus pandemic has left a deadly toll on the world. From developed countries to underdeveloped countries, almost 200 nations across the globe faced the wrath of the pandemic outbreak.

Many leading countries across the globe have laid off employees as part of the steps to tackle Covid-19 situations. One more leading company was added to the list of companies that laid-off employees.

Leading beverage company Coca-Cola is said to be laying off 2,200 companies globally as a bid to counter the threat posed by the Covid-19 outbreak.

The beverage company witnessed a massive dip in sales since the Coronavirus pandemic started. The sales didn't pick up even in the third quarter of this financial year reportedly.

The company is said to have made this move as part of the business reconstruction. Earlier, the company has shut down the manufacturing of brands which clock fewer numbers in the sales.

Earlier in August this year, Coca-cola has offered early-departure packages to not less than 40 percent of the workforce in the North American region. The company followed the move by involuntary cut-offs.