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About 750 jobs were expected to be cut in Pepsi Bottling's U.S. and Canada operations, including the closure of four facilities in the U.S. In Europe, operation streamlining would impact 200 jobs, while in Mexico, the closure of three plants, 30 distribution centers and 700 routes would impact 2,200 jobs.
PepsiCo has operations all around the world and its products were distributed across more than 200 countries and territories, resulting in annual net revenues of over US$70 billion. PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé.
As of Dec. 7, there were 144,584 employees laid off across 917 tech and tech-adjacent companies so far in 2022, according to Layoffs.fyi. Pepsi To Cut Hundreds of Jobs
This is an alphabetical list of PepsiCo brands. [ 1 ] [ 2 ] It lists licensed trademarks , partnerships, including those in only certain markets, and products , split into foodtypes. Trademarks
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Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. [1]