GERMANY: Coca-Cola Co braces for more strikes
Coca-Cola Co is bracing for more strikes
Coca-Cola Co staff protesting against proposed job cuts continued strikes at German plants yesterday (22 January), with more stoppages planned for the rest of the week.
A “handful” of plants have been affected by the action so far. However, unions have pledged protests at 50 of Coca-Cola's 60 German facilities throughout the week, a Coca-Cola spokesperson told just-drinks.
The strikes come ahead of planned negations next Wednesday that will discuss the job losses as well as more flexible working hours.
Up to 450 jobs in finance and regional sales are at risk in a “restructuring” scheme, the spokesperson said.
Coca-Cola defended its position, saying flexible working hours are needed to compete in the beverage industry, while the job cuts are a result of moving regional departments to Berlin. The company said it is also offering staff a 2.5% pay rise for this year and a further 2% increase next year.
Coca-Cola plants staged protests on Monday involving up to 600 workers, employee union NGG said. NGG has rejected the flexible hours proposals and is seeking a 6% pay rise.
Coca-Cola Deutschland said the protests are “warning strikes” and are normal practise during negotiations in Germany.
“We believe we have made a strong and comprehensive offer that will help drive further growth for the business in Germany,” the company said in a statement.
The UK soft drinks industry saw a limited effect from the continued economic pressures during the review period and in 2012. The year was characterised by small but stable growth in value terms and st...
Coca-Cola Co's chief executive Muhtar Kent has argued that the group's second quarter performance is an "anomaly" caused by a combination of uncontrollable factors and not a "systemic" issue. ...
The Coca-Cola Co (TCCC) is the leading player in both soft drinks and in HW soft drinks. The company’s strength is based on its diversity of category presence from HW carbonates to RTD tea and bottled...
This report analyzes the worldwide markets for Sports and Fitness Nutrition Foods and Drinks in US$ Million by the following Product Segments: Sports/Energy Foods, and Sports/Energy Drinks....
This report analyzes the Global market for Sports and Fitness Nutrition Supplements in US$ Million by the following Product Segments: Amino Acids/Derivatives, Herbal Products, Prohormones, Vitamins/Mi...
- Coca-Cola pressure builds as bid rumours swirl
- Gin: Plymouth's from Plymouth, London's from...?
- Comment - IPO Launch a Tonic for Fever-Tree
- Fireball Recall: Putting Out Fire with Anti-Freeze
- Why Chinese beverages won't conquer the world
- NPD - Moët Hennessy’s Glenmorangie Dornoch
- Anheuser-Busch InBev cuts jobs in US shake-up
- Diageo targets Millenial women with Baileys push
- Pernod blames rule changes for Plymouth GI drop
- William Grant unveils bespoke Glenfiddich website
- Early Signals: future scenarios that will drive consumption and product innovation over the next five years
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global Beer Opportunities: Beyond Standard Lager
- The IWSR Global Trends Report 2014
- Global Cognac insights - market forecasts, product innovation and consumer trends research