Location: Orlando, FL.
Department affected: Frito-Lay.
Based on news reporting.
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. cut 300 jobs affecting its Frito-Lay team as of October 1, 2023.
That is roughly 0.1% of the 318,000 people PepsiCo, Inc. employs.
LayoffTalk has tracked 10 layoff events at PepsiCo, Inc. since October 2023, affecting a combined 3,494 employees.
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