Around 200 employees will be offered competitive retrenchment packages.
Coca-Cola Singapore Beverages (CCSB) will cease manufacturing operations at its bottling factory in Singapore, according to an online article on The Business Times.
This is ahead of a planned full closure expected in February 2016.
The closure of the bottling plant in Tuas will have an impact on about 200 employees, and the company will move its bottling plant operations to Malaysia.
Teaming with e2i (Employment and Employability Institute) and the Food, Drinks and Allied Workers Union (FDAWU), CCSB will be working closely with the employees affected. They will be offered “competitive severance packages”, according to media reports, as well as “support services” to get new jobs.
“When FDAWU was informed of Coca-Cola’s plans, it quickly commenced discussions with CCSB to ensure fair compensation and treatment for the affected employees.