Storyline
PepsiCo job cuts and North American business restructuring 2026
One page that accretes the verified record as the story develops. Every fact keeps its date and its sources.
1 DAYS
9 FACTS
1 EVENTS
1 SOURCES
FIRST ENTRY NOV 09
NOV 09 · Day 1
PepsiCo to cut about 1,000 jobs as North American business struggles
During the third quarter, PepsiCo's North American beverage unit saw volume shrink 2%.
PepsiCo employs approximately 306,000 people worldwide as of Dec. 27.
CFO Steve Schitt said the turnaround is taking longer than expected.
“To do that, we need to be faster, more connected, and more capable, while continuing to invest in growth – behind our people, capabilities and brands.”
RAM KRISHNAN
verbatim