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PepsiCo also indicated layoffs, preparing to lay off hundreds of employees

The PepsiCo company has recently indicated major layoffs and during this time the company can show the way out to hundreds of employees.

TFI Desk by TFI Desk
7 December 2022
in Business
PepsiCo layoffs 100s of employees

PepsiCo layoffs 100s of employees

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PepsiCo layoffs: After Amazon, Meta, the dark clouds of economic recession are also comes over PepsiCo, the giant of the Beverages Sector. The PepsiCo company has recently indicated major layoffs and during this time the company can show the way out to hundreds of employees. The company is laying off hundreds of employees in its North American snack and beverages division. According to a report in the Wall Street Journal, the company is doing this work under a plan and this is also a part of the plan. According to brand equity PepsiCo Company to lay off hundreds at headquarter.

Company preparing to lay off more than 100 employees

It has been told in the report of wall street journal that PepsiCo Company is planning to remove more than 100 employees associated with the snack and beverages units of its New York head office. Although the spokesperson of PepsiCo has not yet given any official statement regarding the retrenchment. According to CNBC report PepsiCo laying off hundreds of workers at North American headquarters.

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PepsiCo layoffs News WSJ report
PepsiCo layoffs News WSJ report | source: WSJ

Why did the PepsiCo take this decision of Mass layoffs

According to the report, the company wants to make its organization more simple, due to which plans are being made to remove such a large number of people. At the same time, if the report is to be believed, people say that there will be more cuts in the beverage business as the snacks unit has already laid off with the voluntary retirement program.

PepsiCo Soda cans
source: PepsiCo

Company manufactures these product

This company makes products like Doritos, Lay’s Potato Chips and Quaker Oats. Apart from this, this company also manufactures cold drinks. According to the figures of December 25 last year, PepsiCo has 309000 employees all over the world, out of which 129000 employees are in America only.

Also Read: Amazon layoffs: Not 10,000 report says Ecommerce giant may layoff 20,000 employees

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