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2026-11-13 Economy

Pepsi sends a shocking memo to employees

[The Street] PepsiCo (PEP) North America plans to cut about 1,000 jobs across its North American operations over the next week, according to a Nov. 9 letter to employees from CEO Ram Krishnan, CNBC reported.

The letter described a goal of building what Krishnan called a "stronger, more future-fit business that delivers industry-leading growth." PepsiCo wants to better connect teams across its North American operation, which runs both its beverage and snack businesses.

The memo did not say which roles would be cut. But the timing tells part of the story.

PepsiCo has been struggling with weak demand in the United States and Canada, and the job cuts signal that management has decided the situation calls for more than price adjustments and marketing spending.

What PepsiCo’s memo told employees

Krishnan’s letter, as reported by CNBC, did not name the specific roles or divisions that would lose positions. PepsiCo has not issued a public statement beyond what the memo contained. The company employs about 125,000 people in the United States, according to a company filing, and roughly 306,000 globally. # id) ?>

Posted by Besoeker 2026-11-13 11:29|| E-Mail|| Front Page|| ||Comments [77 views ] Top

1 Shocking, as in drinking Pepsi can give you diabetes? As in you're actually better off drinking beer or iced tea or plain old water?

Posted by Abu Uluque 2026-11-13 12:57|| 2026-11-13 12:57|| Front Page || Comments Top

2 Nice looking model though.

Posted by Abu Uluque 2026-11-13 12:58|| 2026-11-13 12:58|| Front Page || Comments Top

3 Carbonated corn syrup. Crap we no long even use as beekeepers.

Posted by Woodrow 2026-11-13 18:09|| 2026-11-13 18:09|| Front Page || Comments Top

4 I like Pepsi Sugar Free on a very occasional basis. No cals and not metallic-tasting like Diet Pepsi (same with Diet Coke). Tastes like the original back in the day. Yeah, I know, artificial sweeteners, but my A1C is below 5

Posted by Frank G 2026-11-13 19:28|| 2026-11-13 19:28|| Front Page || Comments Top

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