The reported layoffs could come as soon as this week, as employees have been asked to work from home, according to Bloomberg.

The changes come as the US group looks to improve its performance after pressure from activist investor Elliott Investment ...

PepsiCo (PEP) has a goal for Poppi to be its latest billion-dollar brand. The disclosure came as part of PepsiCo (PEP) ...

PepsiCo says it will reduce prices and eliminate about 20% of its products by early 2026 in a deal with an activist investor ...

PepsiCo and Walmart have been accused in a new consumer lawsuit in federal court in New York of orchestrating a decade-long ...

Changes to PepsiCo’s senior executive team include (left to right) Athina Kanioura adding the role of Latin America Foods CEO, Ram Krishnan’s promotion to PepsiCo North America CEO, and Stephen ...

PepsiCo will cut hundreds of products after Elliott Investment Management pushes for cost reductions. The company will reduce SKUs by 20% to boost value.

PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup by 20% ...

PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management that includes a 20% reduction in its U ...

As a reminder, PepsiCo isn't just its namesake cola. The company also owns Mountain Dew, Gatorade, and Tropicana juices, as ...

Beverage and snack giant PepsiCo is set to overhaul its product portfolio, announcing plans to cut prices and streamline its ...

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday ...