PepsiCo Plans to Lay Off Hundreds of Corporate Workers

PepsiCo will lay off hundreds of workers at its corporate headquarters, The Wall Street Journal reported.

The move, which follows trends seen in media and tech, will impact hundreds of workers who will be let go from the beverage giant’s headquarters in Purchase, New York, one person familiar with the matter said.

A memo obtained by The Journal read that layoffs were intended “to simplify the organization so we can operate more efficiently.” The cuts will be heavier on the beverage side due to the company having already trimmed positions in the snack sector. PepsiCo produces Doritos, Lays, and Quaker Oats.

Read more at Newsmax© 2022 Newsmax. All rights reserved.

There is no custom code to display.

Blogs

670 KBOI GUEST BLOG: Governor Brad Little

670 KBOI GUEST BLOG: Governor Brad Little

Biden’s vaccine mandate is not the solution By Governor Brad Little Americans are deeply divided on COVID-19 and the response to it. Public health has turned political, there’s no doubt about it. But the situation playing out in hospitals across the country isn’t up for debate. There are more patients in need of critical care…

670 KBOI GUEST BLOG: Governor Brad Little

670 KBOI GUEST BLOG: Governor Brad Little

670 KBOI GUEST BLOG: Governor Brad Little Idaho to help secure U.S.-Mexico border because Biden won’t July 7, 2021 Last week I announced my plan to send Idaho State Police (ISP) troopers to Arizona to help secure the United States-Mexico border and curb the flow of illegal drugs into Idaho due to failed Biden-Harris immigration…

670 KBOI GUEST BLOG: Speaker of the House Scott Bedke

670 KBOI GUEST BLOG: Speaker of the House Scott Bedke

670 KBOI GUEST BLOG: Speaker of the House Scott Bedke   Happy Birthday, Idaho – Let’s Celebrate and Maintain the Idaho Way BY: Speaker of the House Scott Bedke, Oakley There is no better place to live, work, and raise a family than Idaho. As a proud Idaho native who believes, promotes and lives our…