The Iberian partners of drinks manufacturer Coca-Cola presented a redundancy package to unions this week, the result being the closure of their plants in Asturias, Palma, Madrid and Alicante.

As a direct result, some 750 workers would lose their jobs and another 500 would be relocated to one of seven of its remaining plants in spain.

In a statement, Coca-Cola Iberian Partners, which currently employs 4,200 workers, said that the reason for the move is to “eliminate redundancies and inefficiencies and unify the activities and procedures performed in the group”.

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