Coca-Cola Israel (The Central Bottling Co. Ltd.) has announced that it has put 600 employees on unpaid leave. The move follows the near complete collapse of sales from the country's institutional sector (restaurants, cafes, bars, wedding halls, hotels, factory and office canteens etc.) following the lockdown by the Ministry of Health.
The company said that it is also cutting management salaries by 10%, and head office employees' salaries by 5%-7.5% for those earning above NIS 15,000 per month.