Pepsi makes harsh decision causing nearly 300 layoffs amid declines
Pepsi announced a major decision that will cost multiple layoffs amid declining sales.
PepsiCo is the second-largest food company in the world and one of the most lucrative due to its popular food, snack, and beverage brands, which are consumed in over 200 countries and territories.
Although PepsiCo's brands, including Lay's, Gatorade, PopCorners, Quaker Oats, and Pepsi, have become household names, the company was not immune to the effects of increasing competition and ever-evolving consumer trends.
