Coca-Cola Cuts Jobs But Not Executive Bonuses As 3G Capital Lurks – ValueWalk Premium

Coca-Cola Cuts Jobs But Not Executive Bonuses As 3G Capital Lurks

Is Coca-Cola CEO Muhtar Kent beating 3G Capital to the punch? As cost-cutting, productivity enhancing private equity hedge fund 3G Capital scours the U.S. for consumer packaged goods companies to acquire, Kent is announcing job cuts.
Coca-Cola announces job cuts
Coca-Cola today announced it will eliminate between 1,600 and 1,800 jobs and has begun notifying employees, according to a Wall Street . . .


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