1000s protest axing of Coke plants

Demonstrators in Madrid have carried banners condemning bottling plant layoffs and calling for a boycott of Coca-Cola.

Thousands of workers march against the closure of bottling plants

Thousands of demonstrators in Madrid have protested the closure of bottling plants of Coca-Cola. (AAP)

Thousands have taken to the streets in Madrid to protest the closure of four bottling plants of US soft-drink giant Coca-Cola that would affect 1250 workers.

Demonstrators, some coming from other Spanish cities, carried banners condemning the layoffs and calling for a boycott of Coca-Cola.

Coca-Cola Iberian Partners, the multinational's only bottling company in Spain, said at the end of January the closures were needed to improve efficiency.

But workers argue the layoffs are unjustified since the company is making a profit.

Coca-Cola Iberian Partners, which currently has 4000 employees on its books, was founded last year by merging the seven bottling companies in Spain owned by the US brand.

Under the restructuring plan, four of the 11 plants in Spain - Fuenlabrada near Madrid, Palma, Oviedo and Alicante - will close.

Of the affected 1250 jobs, 750 will be axed and 500 relocated to other plants.

Management and trade unions have until Friday to come up with an agreement, but talks stalled after union representatives demanded the whole plan be scrapped, which the company rejects.


1 min read

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Source: AAP



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