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Coca-Cola Settlement to Affect Work Force Management.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, November, 2000
Nov. 19--ATLANTA--Coca-Cola's sweeping $192.5 million settlement of a class-action racial discrimination suit last week may become Corporate America's new yardstick for measuring how well companies manage an increasingly diverse work force.
The settlement announced Thursday may have marked the end of a long legal battle over race at the company, but it signals the beginning of a complex restructuring plan that could prove divisive or unifying, depending on how it is implemented, legal and work experts say.
Whatever the outcome, the settlement is significant because of Coca-Cola's international image and the fact that the agreement, along with oil giant Texaco's 1997 settlement in a race discrimination lawsuit, suggests a new standard for diversity, the...
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