PepsiCo cuts hundreds of North America HQ jobs, WSJ reports

PepsiCo is laying off staff at the headquarters of its North American snacks and beverages units, the Wall Street Journal’s Lauren Thomas and Jennifer Maloney report, citing people familiar with the matter and documents. Hundreds of jobs will be cut, with the layoffs affecting the company’s North American beverage division in Purchase, New York, and its North America snacks and packaged-food business, which has headquarters in Chicago and Plano, Texas, the authors note. Reference Link