Manan Vatsyayana | AFP | Getty Images
An attendant checks bottles on a production
line at the Coca-Cola bottling plant in Nilai on the outskirts of Kuala
Lumpur on November 3, 2014.
In the next few months, Coca-Cola plans to layoff about
1,600 to 1,800 employees globally. The move is a part of the beverage
giant's effort to cut $3 billion in costs, which was announced in
October.
Shares for Coca-Cola rose nearly 1 percent in morning trading after the report.
The job cuts are caused by its initiative to redesign its operating model to "streamline and simplify our structure," the company said in a written statement to CNBC.
Read MoreOrange juice getting squeezed from breakfast table
The world' largest soft drink company employs about 130,000 workers
worldwide. The company has already started informing affected workers from its Atlanta corporate offices, its U.S. operations and international offices.
"We have committed that we will ensure fair, equitable and compassionate treatment of our people throughout the process," Coke said.
Shares for Coca-Cola rose nearly 1 percent in morning trading after the report.
The job cuts are caused by its initiative to redesign its operating model to "streamline and simplify our structure," the company said in a written statement to CNBC.
Read MoreOrange juice getting squeezed from breakfast table
The world' largest soft drink company employs about 130,000 workers
worldwide. The company has already started informing affected workers from its Atlanta corporate offices, its U.S. operations and international offices.
"We have committed that we will ensure fair, equitable and compassionate treatment of our people throughout the process," Coke said.
Hailey LeeNews Associate
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