PepsiCo Cuts 1,000 Jobs as GLP-1 Drugs Squeeze Snack Sales
PepsiCo will cut 1,000 North American jobs as Q3 beverage sales fell 2 percent and GLP-1 users cut chip spending by 11.5 percent, per McKinsey.
Topic
Pepsico
Topic
Pepsico
PepsiCo Cuts 1,000 North American Jobs as Growth Slows
PepsiCo will cut about 1,000 North American jobs as regional sales lag, its full-year core EPS growth forecast falls and investor…
After PepsiCo’s $1.95 billion Poppi deal, Ellsworth launches Jetty
Allison Ellsworth follows her $1.95 billion Poppi sale with Jetty, a five-flavor low-sodium electrolyte line aimed at everyday we…
PepsiCo to Cut About 1,000 Jobs as North American Sales Lag
PepsiCo will cut about 1,000 North American jobs as beverage volume fell 2%, food volume stayed flat and the company’s sales turn…
KFC's Switch to Coke Caps Decades of Lost PepsiCo Focus
KFC is switching 3,700 U.S. restaurants to Coca-Cola, ending a 40-year Pepsi deal. PepsiCo CEO Ramon Laguarta admits soft-drink c…
Indra Nooyi Worked Midnight to 5 a.m. to Fund Her Yale Degree
Former PepsiCo CEO Indra Nooyi worked midnight-to-5 a.m. as a Yale dorm receptionist to fund her degree. "Respect just went up,"…
KFC Dumps Pepsi for Coke as Pepsi's Cola Share Hits 8.1%
KFC will drop Pepsi for Coca-Cola at 3,700 U.S. restaurants in January. Pepsi's cola share is 8.1% versus Coke's 18.5%, and its C…
KFC Drops Pepsi After 40 Years, Signs Coca-Cola for All US Stores
KFC is ending its 40-year PepsiCo partnership and switching its entire US restaurant network to Coca-Cola, L'Express Franchise re…
KFC Dumps Pepsi for Coke After 40 Years, Dealing PepsiCo Another Blow
KFC will switch all 3,600 U.S. restaurants to Coca-Cola by spring, ending 40 years of Pepsi at the chain. Coke stock is up 31.60%…
KFC Ditches Pepsi for Coke, Deepening Pepsi's Soda Decline
KFC has switched its soda contract to Coca-Cola, and analysts say Pepsi's position is eroding as more consumers move to Coke — a…
KFC Drops PepsiCo for Coca-Cola in U.S. Restaurants
KFC is switching its U.S. beverage supplier from PepsiCo to Coca-Cola for the first time in decades, ending one of fast food's lo…