PepsiCo layoffs could indicate broader economic woes
PepsiCo is reportedly cutting hundreds of corporate jobs at its North American snacks and beverage divisions, making it the latest on a growing list of big companies to slash its workforce as inflation remains elevated and the risk of recession persists.
The layoffs, which the soda giant has not publicly confirmed, are another sign that companies across different industries are bracing for a tighter economic environment. The Wall Street Journal reported the cuts Tuesday, citing internal documents and people familiar with the matter.
Some of the nation’s largest employers in retail and technology, including Walmart, Amazon and Facebook parent Meta, have slashed thousands of positions in recent weeks. That’s on top of significant reductions in the media world, including at CNN and Gannett newspapers. (Amazon founder Jeff Bezos owns The Washington Post.)
-
1:36:58
The Quartering
3 hours ago3rd Assassination Attempt On Trump, Golf Course Assassin Son ARRESTED & SUSPICIOUS Connection Found
26.9K20 -
1:26:45
vivafrei
3 hours agoDid Elon Buckle to Brazil's Judge de Moraes? Democrats Back to Dogwhistling for Violence! Viva Frei
44.9K38 -
2:04:17
The Dilley Show
3 hours agoAre Pedos Trying to Stop Trump? w/Author Brenden Dilley 09/24/2024
15.7K13 -
LIVE
TheMonicaCrowleyPodcast
45 minutes agoThe Monica Crowley Podcast: Americans Forgotten No More
297 watching -
UPCOMING
Mally_Mouse
19 hours agoLet's Play!! -- EPIC MICKEY: REBRUSHED
345 -
49:18
Ben Shapiro
2 hours agoEp. 2054 - ZELENSKY Election INTERFERENCE?!
28.4K35 -
1:56:09
Barstool Yak
6 hours agoThe Yak with Big Cat & Co. Presented by Rhoback | The Yak 9-24-24
10.1K1 -
LIVE
themidwesterner
1 hour agoMike Rogers roundtable with Michigan farmers in Hudsonville
227 watching -
1:07:10
Russell Brand
5 hours ago$150,000 DEATH BOUNTY on Trump’s Head! DOJ COLLUSION? It’s Happening Again - SF459
98.9K166 -
1:57:36
The Charlie Kirk Show
3 hours agoThe Truth About Nebraska + The Soros Factor + "Trump Train" Triumph| Carr, Presler, Mesaros
69.5K50