PepsiCo Laying Off Hundreds

Cuts to affect employees in beverages, snacks, packaged foods
Can of Pepsi
Photograph: Shutterstock

PURCHASE, N.Y. — Aiming for greater efficiency, PepsiCo is laying off hundreds of workers in its beverage and snacks divisions.

The goal of the cuts is “to simplify the organization so we can operate more efficiently,” according to a staff memo obtained by the Wall Street Journal, which first reported this story. Beverages will be more affected as snacks already has cut jobs with a voluntary retirement program.

PepsiCo, with products including Quaker Oats, Lays and Doritos, has about 309,000 employees globally, according to the newspaper. Of that number, 129,000 are in the United States.

The beverages headquarters is in Purchase, N.Y. Snacks and packaged-foods has headquarters in Chicago and Plano, Texas.

PepsiCo last month said it would start advising restaurants on how to start their own ghost kitchens and virtual brands. The new service is part of PepsiCo’s Foodservice Digital Lab, a consultancy created in 2019 to help restaurants regarding all things digital as that side of the business became more prominent.

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