PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products, as well as distributes alcoholic beverages under Hard MTN Dew brand. The company offers its products primarily under the Lay's, Doritos, Fritos, Tostitos, BaiCaoWei, Cheetos, Cap'n Crunch, Life, Pearl Milling Company, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, Rice-A-Roni, Aquafina, Bubly, Emperador, Diet Mountain Dew, Diet Pepsi, Gatorade Zero, Crush, Propel, Dr Pepper, Schweppes, Marias Gamesa, Ruffles, Sabritas, Saladitas, Tostitos, 7UP, Diet 7UP, H2oh!, Manzanita Sol, Mirinda, Pepsi Black, Pepsi Max, San Carlos, Toddy, Walkers, Chipsy, Kurkure, Sasko, Spekko, White Star, Smith's, Sting, SodaStream, Lubimyj Sad, Agusha, Chudo, Domik v Derevne, Lipton, and other brands. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is based in Purchase, New York.
EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS
PepsiCo, Inc. has announced the permanent closure of one of its factories, leading to the loss of 300 jobs. The decision to close the plant reflects ongoing challenges within the company and the need for restructuring. This closure is part of a broader trend affecting the industry, but specific details regarding the location and reasons for the closure were not disclosed. The layoffs are expected to have a significant impact on the local workforce and community.
PepsiCo, Inc. has announced the closure of its factory in New York, resulting in the layoff of nearly 300 employees. This decision comes as part of the company's restructuring efforts and aims to streamline operations. The factory's closure is expected to impact the local workforce significantly, as it will eliminate a substantial number of jobs in the area. PepsiCo has not provided specific details on the reasons behind the closure but indicated that it is part of a broader strategy to enhance efficiency. The layoffs are set to take effect immediately following the factory's shutdown.
PepsiCo, Inc. has recently laid off approximately 200 employees as part of a restructuring effort within its North American business operations. The layoffs are aimed at streamlining operations and improving efficiency in response to changing market conditions. This decision reflects the company's ongoing efforts to adapt to evolving consumer preferences and economic challenges. The affected roles were primarily in administrative and support functions, with the layoffs taking effect on October 1, 2023. PepsiCo continues to focus on its core business strategies while managing workforce adjustments to maintain competitiveness.
PepsiCo, Inc. has announced the layoff of approximately 2,000 employees as part of a restructuring effort in response to declining sales. The decision comes amid a challenging market environment, prompting the company to streamline operations and reduce costs. The layoffs are expected to impact various roles across the organization, although specific departments were not detailed. This move reflects PepsiCo's ongoing efforts to adapt to changing consumer preferences and economic pressures. The layoffs are set to take effect on October 1, 2023, as the company aims to stabilize its financial performance.
Frito-Lay, a subsidiary of PepsiCo, Inc., is set to lay off approximately 300 employees in Orlando due to ongoing cost pressures and the impact of artificial intelligence on the labor market. The layoffs are part of a broader trend affecting the snack food industry as companies adapt to changing economic conditions. This decision reflects the company's efforts to streamline operations and reduce costs in response to market challenges. The layoffs are expected to take effect on October 1, 2023, impacting workers in the Frito-Lay division specifically. PepsiCo has not disclosed any plans for future layoffs beyond this announcement.
PepsiCo, Inc. is preparing for layoffs as it concludes discussions with Elliott Management. The company has indicated that these layoffs are part of a broader strategy to enhance operational efficiency and respond to market pressures. While specific numbers of affected employees have not been disclosed, the decision reflects ongoing adjustments within the organization. The timing and exact details of the layoffs remain unclear as the company navigates these changes.
PepsiCo, Inc. is preparing for layoffs as it engages in discussions with Elliott Management. The company has not specified the number of positions that will be affected or the exact timeline for these layoffs. This decision comes as part of a broader strategy to streamline operations and improve efficiency. The ongoing talks with Elliott Management suggest a focus on restructuring and potentially significant changes within the organization. Further details regarding the layoffs are expected as negotiations progress.
No one has shared a story from Pepsico, Inc. yet. Went through a layoff here? Your experience helps others feel less alone.
Share your story →We'll email you the moment a new layoff is reported here.