International Finance

Coca-Cola to slash around 300 jobs from two of its UK sites

Coca-Cola, UK, jobs
To help the affected employees, Coca-Cola will conduct trainings and create 121 new jobs in other sites

US based soft drink manufacturer, Coca-Cola has announced it is about to close its Milton Keynes and Northampton sites in the UK. The decision has jeopardised almost 300 jobs.

220 jobs from Milton Keynes and 54 jobs from a distribution centre in Northampton will be slashed. The closures will be done in 2019. The company has stated it has discussed the matter with employees in the past two months. Production and warehousing will be moved to other sites in Great Britain.

“We want to stress that this is not a reflection on the performance or professionalism of our colleagues at these sites,” a spokesperson for Coca-Cola European Partners said.

The company, which considers the closures will help in stimulating efficiency, said it will help the affected employees with ‘training and development opportunities’. To help the employees, the company will also create 121 jobs in other sites and transfer some of the affected employees there.

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