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Company News

Costa Coffee's rejig plan to put 1,650 roles at risk

FILE PHOTO: Cappuccinos sit on a table in Costa Coffee in Loughborough, Britain April 25, 2018. REUTERS/Darren Staples

(Reuters) - Costa Coffee, a unit of Coca-Cola Co KO.N, said on Thursday a plan to streamline its UK in-store structure in response to the coronavirus pandemic will put nearly 1,650 jobs at risk.

The coffee chain, which employs around 16,000 people across 1,600 wholly-owned stores in the UK, said the change includes the removal of the assistant store manager role across the UK business.

Reporting by Tanishaa Nadkar in Bengaluru; Editing by Arun Koyyur

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