Making Financial Headlines · Page 10
PepsiCo streamlines while its home market loses some fizz
· New York time
PepsiCo plans to cut about 1,000 jobs across North America while streamlining operations and trying to revive sales in its home market. The plan links a push for efficiency with the separate challenge of persuading customers to buy more. Cutting costs may change the company's structure, but customers still decide what goes into their carts. For a business built around familiar brands, a sales revival remains a task no spreadsheet can complete on its own. The efficiency plan can count positions; it cannot count purchases that have not yet happened.
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