PepsiCo is reportedly preparing to layoff hundreds of workers at headquarters in Illinois, New York, and Texas.
- A report has said that the company behind the Pepsi, Mountain Dew, Gatorade, and Lays brands is looking to "simplify" the organization.
- According to a memo seen by the Wall Street Journal, PepsiCo's plan is to "simplify the organization so we can operate more efficiently."
- As of December of 2021, PepsiCo employed 129 thousand workers in the U.S.