LayoffHedge(@LayoffAI):PEPSICO IS CUTTING ABOUT 1,000 JOBS ACROSS NORTH AMERICA The WSJ reports the cuts hit its food and beverage business as part of a turnaround. PepsiCo North America CEO Krishnan said the changes roll out over the next week. Activist investor Elliott built a $4 billion stake last year and pushed for cost cuts. Last month PepsiCo also closed its Knoxville bottling plant and laid off 112 workers. Its Hyderabad business services center opened in 2019 with 250 people. By January 2023 it had 2,800, with a stated plan to reach 4,000.

2026.11.09 19:08

PEPSICO IS CUTTING ABOUT 1,000 JOBS ACROSS NORTH AMERICA The WSJ reports the cuts hit its food and beverage business as part of a turnaround. PepsiCo North America CEO Krishnan said the changes roll out over the next week. Activist investor Elliott built a $4 billion stake last year and pushed for cost cuts. Last month PepsiCo also closed its Knoxville bottling plant and laid off 112 workers. Its Hyderabad business services center opened in 2019 with 250 people. By January 2023 it had 2,800, with a stated plan to reach 4,000.