Coca-Cola Amatil to cut 260 more staff

By Sue Mitchell
Updated December 9 2014 - 12:13am, first published December 8 2014 - 8:52pm
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice
“This latest restructure, together with cost initiatives already in train, gives us a high level of confidence we will achieve our savings targets,” Coke chief executive Alison Watkins. Photo: Jim Rice

Coca-Cola Amatil is relying on new products such as low-sugar Coke, coconut water, iced coffee and cheaper bottled water to underpin a rebound in sales next year after confirming that underlying earnings in 2014 would fall as much as 24 per cent and it would axe 260 jobs.

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