Coca-Cola looks to close 4 bottling plants in Spain
date:Jan 24, 2014
its position.

The company, in a statement published in Spanish media, said it would try to place 500 of the affected workers in other positions, and offer the rest early retirement or attractive termination packages.

The restructuring aims to gain efficiency and competitiveness, and to avoid duplication that could compromise the future viability of the company, it said.

Coca-Cola Iberian Partners, which currently has 4,000 employees on its books, was founded last year by merging the seven bot
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