PepsiCo is implementing job cuts affecting approximately 1,000 employees in North America. This move is part of a larger strategy to revitalize the company's performance in its domestic market. The company intends to streamline operations and foster closer collaboration among its North American teams. These layoffs come as PepsiCo previously lowered its earnings outlook due to declining beverage volumes and stagnant food sales in the region. The company aims to become faster, more connected, and more capable to drive future growth.
https://www.cnbc.com/2026/11/09/pepsico-north-america-job-cuts.html