PepsiCo cuts North America jobs to streamline unit
PepsiCo is cutting jobs in its North America food and beverage division to streamline operations. The move aims to improve efficiency amid sluggish sales and higher costs.
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PepsiCo is cutting approximately 1,000 jobs across its North American food and beverage division to streamline operations. The reductions follow a lowered full-year earnings forecast driven by weaker snack demand and sluggish soda sales. The restructuring comes as activist pressure mounts to drive turnaround efficiencies in the United States.
