Coca-Cola stock slips after Atlanta layoffs notice; what investors watch next for KO
Coca-Cola plans to cut about 75 corporate jobs in Atlanta starting Feb. 28 as part of a 2026 restructuring, according to a Georgia notice. Shares closed down 0.15% at $67.84, underperforming the S&P 500. The company said the Atlanta facility will remain open and the layoffs may occur in phases. COO Henrique Braun is set to succeed CEO James Quincey on March 31.