PepsiCo announced to layoff ‘hundreds of employees’ at its New York HQ

PepsiCo Inc. is laying off headquarters employees from its North American snack and beverage units, in keeping up with the Wall Street Journal, in a signal that company discounts are starting to extend beyond technology and media organizations. The Purchase, a New York-based enterprise will brush aside loads of personnel, the reports suggested on Monday, citing an internal memo. The reports stated that PepsiCo defined the layoffs as meant to “simplify” the organization. PepsiCo spokesperson didn’t respond at once to requests for comment. The corporation’s stocks edged up 0.1% […]

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