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

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

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

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 ...

The food and beverage giant is aiming to lean into simpler ingredients and "functional benefits" starting in 2026.

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

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

The PepsiCo layoffs are part of the business strategy to cut costs and product lines for a more nimble and strategic approach ...

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

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

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