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Hindustan Coca-Cola cuts 300 jobs in India amid profit drop and restructuring under new CEO.
Hindustan Coca-Cola Beverages, Coca-Cola India's bottling unit, is cutting about 300 jobs—4-6% of its workforce—as part of a restructuring to boost profitability and efficiency under new CEO Hemant Rupani.
The layoffs, affecting sales, supply chain, distribution, and plant roles, follow a 73% drop in net profit and 9% revenue decline in FY25, partly due to divestitures in several regions and weak demand from unseasonal rains.
The company, which operates 15 plants and employs around 5,000, said the changes are minor and non-disruptive.
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Hindustan Coca-Cola recorta 300 empleos en India en medio de la caída de ganancias y la reestructuración bajo el nuevo CEO.