The Coca-Cola Company is facing industrial action in Venezuela over alleged unpaid severance money.

According to a report by Dow Jones today (10 October), former Coke employees are threatening to occupy a local facility to demand severance pay from the company.

A legal representative of the former workers, Jose Chirinos, was quoted saying that some 4,000 former employees would meet on 29 October to discuss the proposal. A delegation investigating the dispute from Venezuela's National Assembly will also attend the meeting.

No details were given as to why or when the employees were laid off.

Chirinos claims thousands of ex-employees have not been paid what they are owed.