PepsiCo to eliminate about 1,000 roles in North America in restructuring
Key points
- PepsiCo is eliminating about 1,000 roles in North America.
- The company says the aim is to simplify its structure, as current ways of working are too complex and fragmented.
- North America CEO Ram Krishnan said changes will be made across parts of the organization over the coming week.
PepsiCo is eliminating about 1,000 roles in North America, saying it aims to simplify its structure. In a Monday memo, North America CEO Ram Krishnan said too much of how the company works remains complex and fragmented, and that changes will be made across parts of the organization over the coming week. The job cuts are announced and pending implementation.
What employers should do
- Review organizational complexity and overlapping responsibilities, and assess whether similar adjustments are needed.
Original report: Bloomberg Law News ↗Edited with AI assistance. Facts are based on official sources and original reports.