How many more people will be laid off before things stabilize... 1200 is a lot...
Check this out:
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http://money.cnn.com/2017/04/25/investing/coca-cola-job-cuts-earnings/
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http://www.marketwatch.com/story/coca-cola-earnings-expect-news-of-new-ceos-plans-2017-04-24
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https://www.trefis.com/stock/ko/articles/406051/coca-cola-to-announce-q1-results-expect-refranchising-to-drag-down-top-line/2017-04-24
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http://fsmnews.com/Articles/Coca-Cola-To-Deliver-Q1-Earnings/article.aspx?Article=1749