Business

PepsiCo to cut about 1,000 North American jobs as it seeks to improve performance

Fox Business·Nov 11, 2026 · 7:19 AM CT
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PepsiCo plans to cut about 1,000 jobs across its North American food and beverage operations, first reported by The Wall Street Journal, after lowering its 2026 earnings outlook in October on weaker beverage volumes, softer snack demand and higher costs. An internal letter from PepsiCo North America CEO Ram Krishnan says the changes aim to simplify the structure and speed up decisions.

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