Coca-Cola has announced it is to axe up to 1,800 jobs worldwide, affecting its Atlanta headquarters and international operations as it reported a 14% fall in sales for the July to September period.

In a statement made in October last year, chief executive officer Muhtar Kent said the firm was aiming to save some $3 billion (£1.98 billion) in annual costs by 2019, which would include job cuts.
At the time, Mr Kent said he recognised the need for the company "to increase the scope and pace of change" as it continued to face a challenging economic environment.

He said the firm was focused on "streamlining and simplifying" its operations and that it was proceeding with plans "for re-franchising the majority of company-owned North American bottling territories by the end of 2017".