UPDATE: DECEMBER 12, 2018 COCA-COLA/SOUTHWEST BEVERAGES
97 employees at Coca Cola-Southwest Beverages in Dallas, Texas will be laid off. as the company transfers production processing to facilities in Fort Worth, Texas and elsewhere.
According to a company spokesperson, “Effective February 2019, to optimize our supply chain network and bring greater efficiencies to our local operations, we are moving production volume from our Dallas-Buckner facility to our manufacturing facilities in Fort Worth, Nacogdoches, San Antonio and Abilene.”
“The move "will enable us to more effectively utilize our production capacity. While we are discontinuing use of two production lines within the manufacturing operations in Buckner, our operations will continue for our front-line salespeople, warehouse, distribution, drivers, merchandisers and our nearby equipment fulfillment center."
The bottled drink and snack business is changing dramatically. Everything from changing consumer tastes, purchasing options, disrupted supply chains, and outsourcing is impacting the business. As we reported in November (2017), Coca-Cola had just announced another 1,200 layoffs by the end of 2017. And noted that Coca-Cola has shed more than 20,000 employees by the end of 2016.
So it should come as no surprise that Coca-Cola just announced another 400 layoffs, mostly management positions in Atlanta, Georgia, the home of corporate headquarters.
According to Coke CEO James Quincey, "We reduced the head office in part because we'd sold off the bottling companies and we were able to bring in some new digital technology, and we shrunk the head office and got more focused on empowering the countries out there. So we're taking the necessary steps in a Coke way -- humanely and with dignity -- but we're gonna be productive. We are going to make a ‘choiceful use of resources.’
Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you now wondering, Am I Next?