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PepsiCo to cut about 1,000 North American jobs as it seeks to improve performance

PepsiCo to cut about 1,000 North American jobs as it seeks to improve performance

PepsiCo plans to cut about 1,000 jobs across its North American food and beverage operations as the company looks to streamline its business and improve performance amid weaker demand and rising costs, according to reports. The planned layoffs, first reported by The Wall Street Journal, come after PepsiCo lowered its full-year 2026 earnings outlook in October, citing challenges in its North American business, including weaker beverage sales volumes, pressure on snack demand and higher costs.The reductions are expected to take place over the next week, according to an internal letter from Pepsi...

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