Coca-Cola to cut 750 jobs in USPublished: 3/22/13 @ 12:00
Coca-Cola to cut 750 jobs in US
Coca-Cola says it’s cutting 750 jobs in the U.S. as it continues to streamline its business.
The world’s biggest beverage maker says the job cuts will be across the board and that affected individuals will be notified in coming weeks. The cuts represent roughly 1 percent of the company’s workforce of 75,000 in North America.
A spokesman says about a quarter of the cuts will be in Atlanta, where the company is based.
In a memo to employees last month, The Coca-Cola Co. noted that it had identified “areas that must be improved” since buying the North American operations of its largest bottler in 2010.
Judge: Aggregator of news at fault
A company that relays excerpts of Internet news articles to its customers violates copyright laws, a judge said Thursday in a decision that gave The Associated Press a victory in its attempts to protect its online news content.
U.S. District Judge Denise Cote rejected claims by Meltwater U.S. Holdings Inc. and its Meltwater News Service that its use of Web stories plucked from a scan of 162,000 news websites from more than 190 countries is a fair use of copyright-protected material.
“Investigating and writing about newsworthy events occurring around the globe is an expensive undertaking, and enforcement of the copyright laws permits AP to earn the revenue that underwrites that work,” Judge Cote wrote in a decision released Thursday. “Permitting Meltwater to take the fruit of AP’s labor for its own profit, without compensating AP, injures AP’s ability to perform this essential function of democracy.”
In a statement, Meltwater said it was disappointed and will appeal.