By Mark Ogagan
South Africa’s rising level of unemployment is not about to plummet, as Coca-Cola Beverages South Africa (CCBSA) has announced plans to cut more than 600 jobs,
According to the Food and Allied Workers Union spokesperson Dominique Martin, Coca-Cola sent the union notices of possible retrenchment on September 2, but the union is opposed to the proposed layoffs, the newspaper reported.
Consultations with the union are underway and no final decision has been made, it added.
An official statement from CCBSA said: “In response to evolving industry dynamics, Coca-Cola Beverages SA intends to make adjustments to its organisation that, if implemented, may result in some roles being impacted and may unfortunately result in job losses.”
CCBSA is part of Coca-Cola Beverages Africa, which is the eighth-largest Coca-Cola bottling partner in the world in terms of revenue.
Coca-Cola Beverages Africa did not immediately respond to the development.
The proposed cuts are another blow to South Africa, after other companies including Ford Motor South Africa, Glencore, ArcelorMittal South Africa and Goodyear South Africa also recently announced planned job cuts.
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