By Jonathan Davies
Coca-Cola will cut up to 1,800 jobs as part of cost-cutting measures after it reported a 14% drop in revenues for the July-September quarter.
The job cuts will largely come at the drinks giant's Atlanta headquarters, but many will also come across its worldwide operations.
Coca-Cola said it has already started to inform those affected. Cuts will take place in different departments at different times.
"[We have begun] the process of informing associates in the United States and in some international locations about the impacts to their departments," a spokesperson from Coca-Cola said in an emailed statement to the BBC.
"We have identified 1,600 to 1,800 positions in Corporate, Coca-Cola North America and Coca-Cola International that will be eliminated in the coming months."
In October 2014, Coca-Cola CEO Muhtar Kent said the company was aiming to save around $3bn (£1.98bn) in annual costs by 2019.
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