StocksMedium•9 November 2026•
1 min read
PepsiCo to Cut 1,000 Jobs in North America Amid Restructuring
Key Facts
1PepsiCo plans to cut approximately 1,000 jobs in its North American operations according to a Wall Street Journal report.
PepsiCo plans to cut approximately 1,000 jobs in its North American operations as part of a restructuring effort to manage costs. Reuters reported, citing the Wall Street Journal, that the move follows recent margin pressures within the North American market.
The decision follows a lowered 2026 EPS growth outlook reported earlier this week. Regarding market performance, PEP closed at $141.34 on November 6, 2026, having traded between a day low of $138 and a high of $142.17 during that session.