PepsiCo plans 1,000 North America job cuts

PepsiCo plans to cut about 1,000 jobs across its North American food and beverage business over the coming week as it streamlines its organization. North America CEO Ram Krishnan told employees the changes are intended to simplify operations, clarify accountability and help teams move faster while directing investment toward growth. The cuts come as the company contends with sluggish beverage sales, weaker demand for higher-priced snacks and elevated costs; PepsiCo recently lowered its full-year earnings outlook amid continued softness in the region. The job reductions are part of a broader effort to improve productivity and revive growth.