PepsiCo layoffs: 1,000 jobs reportedly slashed as CEO pushes soda giant to ‘be faster’ and ‘more capable’

November has already been a tough month for layoffs. In the tech sector, numerous big-name companies, including Amazon, Block, and Squarespace, have already cut roles or are planning to. But workplace reductions are not limited to just tech. Yesterday, soft drink giant PepsiCo, Inc. (Nasdaq: PEP) reportedly announced that it will lay off around 1,000 employees in North America as sales in the region underperform. Here’s what you need to know. Pepsi tells employees to prepare for job cu...