FRIDAY, March 29, 2024
nationthailand

Coca-Cola PH laying off workers

Coca-Cola PH laying off workers

Coca-Cola Femsa Philippines Inc. said that it had decided to cut down on workers amid changes in the beverage industry and the business environment, calling it a “very difficult decision.”

In a statement to the Inquirer, the company behind the popular carbonated soft drink said that the decision to restructure was carried out after a careful assessment of various factors, such as operational efficiency, and the evolving regulatory environment.

The firm deferred from disclosing the number of workers affected. However, according to a report from the labor sector-oriented Center for People’s Media, around 600 workers across the country would lose their jobs.

 

RELATED
nationthailand