Tag: PepsiCos
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PepsiCo’s Strategic Restructuring: Workforce Reductions and Streamlined Operations
PepsiCo is preparing for layoffs along with a simplification of its US portfolio. This comes after intensive discussions with activist investor Elliott Funding Administration. Primarily based on a report in The Monetary Events, the restructuring would include value cuts, automation and a reduction of 20 per cent inside the product traces. It plans to take…