PepsiCo Is Cutting Around 1,000 Jobs Across North America -- WSJ
Dow Jones2026/11/09 19:00By Laura Cooper
PepsiCo is eliminating roughly 1,000 jobs across its food and beverage division as it attempts to turn the company around.
PepsiCo North America Chief Executive Ram Krishnan on Monday said that the food and beverage company will make changes over the next week to streamline operations, according to a letter to employees viewed by The Wall Street Journal.
"We will simplify how we operate, better connect teams and strengthen the capabilities we need," Krishnan said in the letter. "The goal is to move faster, executive better and invest behind the opportunities that will drive our growth."
Last month PepsiCo cut its full-year earnings outlook and reported continued weakness in its North American business, especially in its storied beverage division.
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(END) Dow Jones Newswires
November 09, 2026 14:00 ET (19:00 GMT)
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