Coca-Cola layoffs come as Atlanta beverage giant diversifies (WABE 90.1 FM)

KENNESAW, Ga. | Jun 26, 2017

KSU economist: Market shifts mean 'you have to be able to make adjustments'

Coca-Cola said it expects to save an additional $800 million in "productivity savings" with its latest restructure, which included its latest notice to the Georgia Department of Economic Development that 421 employees based in three Atlanta offices will lose their jobs.

"Usually 'productivity savings' is corporate speak for doing the same activities with a smaller number of people,” said Roger Tutterow,  a professor of economics at Kennesaw State University.

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