Report: Coca-Cola bottler eyes job cuts
Trade publication, citing unnamed sources, says world's biggest bottler could soon announce staff reduction of a thousand or more.
NEW YORK (CNNMoney.com) -- Coca-Cola Enterprises Inc., the world's largest bottler, could announce a significant cut in its U.S. work force of 65,000 as early as next month, according to a published report Friday.
Citing unnamed sources, trade publication Beverage Digest said the company will provide more details about its 2007 outlook, including planned headcount reduction, when it releases its fourth-quarter results on Feb. 13.
Sources told Beverage Digest the total number of jobs to be eliminated is estimated to be in the "four-digit range."
CCE officials were not immediately available for comment.