Monday, September 15, 2025

PepsiCo Plans to Lay Off Hundreds of White-Collar Staff in Scramble to Cut Costs, Maintain Profit Margins

PepsiCo Inc. (NASDAQ: PEP) is preparing to lay off hundreds of its corporate staff, joining the list of tech and media companies attempting to trim costs in a worsening macroeconomic environment riddled with surging inflation and rising interest rates.

PepsiCo, which not only produces its flagship cola drink but also makes Quaker Oats, Lays, and Doritos chips, is expected to eliminate hundreds of North American workers reported the Wall Street Journal, citing people familiar with the matter. The job cuts will be focused across the company’s beverage business headquartered in Purchase, New York, as well as its snacks and packaged-foods business, which has headquarters both in Chicago, Illinois, and Plano, Texas.

In a letter sent to affected workers seen by the WSJ, Pepsi said the forthcoming layoffs are expected to “simplify the organization” so it “can operate more efficiently.” The majority of job cuts will be focused across the company’s beverage unit, since the snacks business already underwent staff trimming via a voluntary retirement program. Pepsi, which employs about 129,000 people in the US, is grappling with rising labour, transport, and ingredient costs, prompting it to pass the additional expenses onto consumers via higher prices.

Although Pepsi reported an increase in both quarterly sales and profits, the iconic cola maker said it will start cutting costs to ease growing pressure on profit margins and overcome what’s appearing to be a deteriorating macroeconomic environment.

Information for this briefing was found via the WSJ. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

QYOU Media Sees Pepsi, Mountain Dew And Others Begin Ad Campaigns

With great distribution comes strong advertiser interest. At least, that’s what QYOU Media (TSXV: QYOU)...

Tuesday, April 20, 2021, 09:20:11 AM

Mountain Dew Makes a 4chan Joke Come True with New AI-Powered Marketing Campaign on Twitch

Mountain Dew, in a move to target younger consumers, is partnering with Twitch to reward...

Wednesday, December 6, 2023, 04:26:00 PM

Elliott Management Launches $4B Activist Campaign at PepsiCo

Activist investor Elliott Investment Management has disclosed that they have built a $4 billion stake...

Wednesday, September 3, 2025, 08:28:52 AM

Dr Pepper Challenges Pepsi for Second Place in America’s Soda Market

Dr Pepper has emerged as a serious contender in the battle for dominance in the...

Friday, June 7, 2024, 02:07:00 PM