PepsiCo Cuts 1,000 Jobs

PepsiCo plans to cut about 1,000 jobs across its North American food and beverage operations, with reductions expected to begin over the next week, according to an internal letter. The company says the changes will simplify its structure and speed decision-making as it faces weaker demand and rising costs. In October, PepsiCo lowered its 2026 earnings growth forecast, citing challenges in North America.

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