Coca Cola to close 4 plants, fire 750 workers across Spain

Coca-Cola Iberian Partners has announced it will close four bottling plants, fire 750 workers and relocate a further 500 workers in an attempt to “rationalise” its Iberian workforce.

The Spanish arm of the company will shut factories in Fuenlabrada (Madrid), Alicante, Palma de Mallorca (Baleares) & Colloto (Asturias).

Its other 9 plants in A Coruña, Bilbao, Barcelona, Málaga, Sevilla, Santa Cruz de Tenerife & Valencia will continue to operate as normal. Coke reckons it has inefficiencies in its production line and wants a new “circular ring” model to distribute its products across the country.

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