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Coca-Cola Amatil to slash 260 more jobs in 2015

DBR Staff Writer Published 08 December 2014

Coca-Cola Amatil (CCA) plans to axe 260 more jobs in 2015, as part of its strategy to cut $100m in costs over the next three years.

Coca-Cola Amatil

The jobs cuts would be done in IT, human resources and finance. The latest move will take the number of job cuts made by the company in Australia since last year to more than 400.

CCA group managing director Alison Watkins said that the trading conditions continues to remain challenging in Australia and is yet to see improvements in supermarkets, pubs, bottle shops as well as other outlets.

The company has launched several new products including mini 250-ml soft drink cans, Barista Bros iced coffee, Zico coconut water and budget-priced bottled water. Despite these new launches, the volumes and sales in the country have been tepid.

However, the company is expected to add jobs in sales and merchandising and plans to invest more on marketing and promotions.

In October, CCA announced plans to shut its production plant in Bayswater, Western Australia. This move was expected to reduce 57 permanent jobs.

Following the closure, the operations at Bayswater facility will be shifted to other larger facilities over the next 12 months.

Image: CCA will move Bayswater operations to other larger facilities. Photo: courtesy of The Coca-Cola Company.