Huiyuan's channel slims down, or paves the way for Coca - Cola's acquisition

by seosh on 2008-11-30 22:29:35

Although Coca-Cola's acquisition of Ji Yuan Juice (01886, HK) has not been formally approved by the Ministry of Commerce, an employee of Ji Yuan disclosed yesterday (the 27th) that Ji Yuan Juice is currently undergoing a large-scale personnel overhaul. "According to the company's plan, after the next round of adjustments in November, the sales department staff will be reduced from the current 2,600 employees to between 600-700 employees."