News Stories Related To: PepsiCo to slash 3,300 jobs as profit falls
By: kalex 
PepsiCo Inc., which has struggled with lagging sales of its soft drinks business in the US, announced plans to eliminate 3,300 positions globally, as it reported a 9.5% drop in third-quarter...
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- News Source: Times Online | 2 months agoPepsiCo plans to cut 3,300 jobs and shut six plants in an effort to save $1.2 billion over three years. It plans to use the majority of the savings to revive lagging US soft drink sales. The announcement came as the maker of Pepsi-Cola and Doritos...
- News Source: Sydney Morning Herald | 2 months agoPepsiCo Inc., the world's largest snack maker, said it will cut 3300 jobs after profit declined more than analysts estimated and the company lowered its forecast for the rest of the year. The shares dropped the most in more than two decades in New...
- News Source: Uinta County News | 2 months agoFull-year earnings excluding some costs will be $3.67 to $3.68 a share, lower than its prediction of $3.72 in July, the Purchase, New York-based company said. Net income decreased to $1.58 billion, or 99 cents a share, from $1.74 billion, or $1.06, a...
- News Source: Austin America-Statesman/Texas Longhorns | 2 months agoCalif. — Apple Inc. touched up its line of laptop computers Tuesday with a minimal nod to the economic turmoil that might push consumers to be more frugal this holiday shopping season. Apple did lower its least expensive laptop, the existing...
- News Source: Herald Tribune | 2 months agoStein would not elaborate on which of the companys plants will close or which jobs in Bradenton will be eliminated. PepsiCo, which makes sodas, energy drinks, juice and chips and other snacks, announced plans for an overall restructuring during a...
- News Source: International Business Times | 2 months agoJohnson & Johnson, up $1.84 at $64.52 Higher sales of consumer products and medical devices, along with a year-ago charge, helped the company post a 30 percent rise in profit. Domino's Pizza Inc., down $3.10 at $6.90 Domestic sales slipped as...
- News Source: International Herald Tribune | 2 months agoPepsiCo reported a quarterly profit Tuesday that missed Wall Street forecasts and cut its full-year outlook. The soft drink company has been hurt by an economic slowdown that has flattened demand, as well as by a relatively stronger U.S. dollar.
- News Source: Dallas Observer | 2 months agoCDT on Tuesday, October 14, 2008 About 130 workers at the Plano headquarters of Frito-Lay Inc. will lose their jobs this week, as the snack maker’s parent company rolls out a “productivity program” designed to streamline the business. PepsiCo,...
- News Source: BBC | 2 months agoThe firm, whose brands also include Walkers crisps, Quaker oats and Copella fruit juice is looking to save $1.2bn (£681m) over three years...The job losses at the firm, which will be made globally, represents just under 2% of the firm's employees
- News Source: The Mercury | 2 months agoS beverage maker PepsiCo will cut 3300 jobs after it reported a quarterly profit that missed forecasts, and cut its full-year outlook as an economic slowdown flattened soft drink demand. Its shares closed down nearly 12 per cent, after having...
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