Coca-Cola stock slips after Atlanta layoffs notice; what investors watch next for KO
New York, Jan 6, 2026, 9:49 p.m. EST — Market closed Coca-Cola shares slipped on Tuesday after a Georgia notice showed the company plans to cut about 75 corporate jobs in Atlanta as part of a 2026 restructuring. The stock closed down 0.15% at $67.84, lagging a 0.62% rise in the S&P 500; PepsiCo fell 0.69% and Mondelez lost 1.88%. The Coca-Cola Company said in a Dec. 30 letter to Georgia workforce officials that separations and indefinite layoffs are expected to begin on or about Feb. 28, 2026, and could roll out in “phases or waves” over the coming months.