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What Coca-Cola SA Restructuring Means for Workers | Now What?

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TT_main | 29 April 2022 

What Coca-Cola SA Restructuring Means for Workers | How to Navigate the Financial Fallout

Another major contributor restructures. What Coca-Cola SA Restructuring means for employees. Especially in the Eastern Cape.

On September 18, 2025, Coca-Cola Beverages South Africa (CCBSA) confirmed a major restructuring plan that will result in the loss of over 680 jobs across Gauteng, KwaZulu-Natal, and the Western Cape. This move, driven by declining sales, rising input costs, and shifting consumer preferences, has sparked alarm among unions and communities already grappling with economic instability.

What’s Behind the Restructuring?
Coca-Cola SA cited a 15% drop in sales, inflationary pressures, and operational inefficiencies as key drivers of the decision. The layoffs—roughly 10% of the workforce—will affect administrative, production, and distribution roles. Plants in Bloemfontein and East London are expected to shut down, and voluntary severance packages have been offered as part of the first phase.

Unions like FAWU have condemned the move, warning of ripple effects across logistics, packaging, and agriculture sectors.

Read the full announcement on SaffaRazzi News
See union response via SABC News
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The Human Cost | Financial Strain on Families
For many affected workers, this isn’t just a job loss—it’s a potential financial crisis. Monthly bond repayments, school fees, groceries, and transport costs don’t pause for retrenchment. And with retrenchment notices now affecting over 350,000 South Africans across multiple sectors, the pressure is mounting.
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Facing Debt? 

Two Legal Lifelines to Consider
If you're one of the many employees impacted—or supporting someone who is—here are two structured paths to financial relief:

1. Debt Review (Debt Counselling)
• A registered debt counsellor negotiates lower instalments with creditors.
• You’re protected from legal action and asset repossession.
• Your credit profile is flagged, but you retain ownership of your assets.
• Ideal for those with stable income but rising debt pressure.
National Credit Regulator

2. Voluntary Sequestration
• A legal process where your estate is declared insolvent by the High Court.
• Garnishee orders are cancelled, and legal proceedings are halted.
• You cannot incur new debt or serve as a company director until rehabilitated.
• Best suited for individuals with significant debt and limited income.
Step-by-step guide from Insolvency Care
Legal overview via Legal Rights SA
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What About ITO Claims and Debt Funds?
While Coca-Cola SA has pledged R50 million toward retraining and community support, many workers are asking: What else is available?

✅ ITO Claims (Income Tax Office Claims)
• SARS allows for tax directives that reduce the tax burden on severance packages.
• You may be eligible for a refund on retrenchment payouts.

Visit SARS Tax Rates for Individuals
Filing season updates via The Star

✅ UIF and Sectoral Relief Funds
• Apply for Unemployment Insurance Fund (UIF) benefits immediately.
• Some unions and NGOs offer sector-specific debt relief funds—check with FAWU or Solidarity.

Step-by-step UIF guide from Jobs South Africa
Apply online via UIF Online Portal
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Final Thoughts | From Retrenchment to Resilience
Retrenchment is never just about numbers—it’s about people, families, and futures. If you’re affected by Coca-Cola SA’s restructuring, know that you’re not alone. Legal tools like debt review and sequestration exist to help you reclaim control. And with the right support, this moment of crisis can become a turning point.

“We don’t just offer solutions—we walk the journey with you.” — CureDebt


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You can contact CureDebt:
An NCR-accredited debt relief provider like CureDebt or reach out via WhatsApp at 067 035 2576 or phone our office at 012 943 1392.

Disclaimer: This article is for information purposes only and does not constitute legal advice. Call on CureDebt rather than relying on the information herein to make any decisions. The information is relevant to the date of publication.
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