Coca Cola : Costa Coffee to Cut up to 1,650 Jobs In UK Store Streamlining

By Ian Walker

Costa Coffee said Thursday that it will lay off up to 1,650 employees as it streamlines its U.K. store structure in the wake of the coronavirus pandemic.

The Coca-Cola Co.-owned brand --which has over 2,700 coffee shops in the U.K. and Ireland-- warned that there's still "high levels of uncertainty" as to when trade will recover to pre-coronavirus levels.

Costa said that it reviewed a number of options before making the decision to cut these jobs.

The company currently employs 16,000 people in its wholly-owned U.K. stores and a further 10,500 across 1,100 franchise stores.

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