Coca-Cola's sales continue to fizzle -- and the company is planning to cut 1,200 jobs to try and get back on track.
Coke (KO) said in its earnings report Tuesday that the layoffs, which will begin in the second half of this year, are part of a broader cost cutting plan aimed at saving $800 million.
Coca-Cola to cut 1,200 jobs as sales slump - Apr. 25, 2017
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