PepsiCo said Tuesday it has agreed to slash 20% of its soda and snack lineup in the US, lower some prices — and layoff an unspecified number of workers — as part of a deal with activist investor ...

Before Lina Khan exited the Federal Trade Commission, the agency sued Pepsi for violating the Robinson-Patman Act, which bars suppliers from price discrimination, i.e., charging retailers different ...

PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup.

Pequeño is a breaking news reporter who covers tech and more. PepsiCo will cut costs and drop prices for some products, according to a statement, becoming the latest company to tune down prices as its ...

Layoffs have hit American workers hard in 2025, particularly in the government and tech sectors. Already this year, well over a million jobs have been lost due to layoffs—and unfortunately, it doesn’t ...

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor that was announced Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos, ...

PepsiCo has set out its strategy designed to appease activist investor Elliott Investment Management, with a requisite to “accelerate” organic growth. The plan “incorporates constructive engagement”, ...

PepsiCo struck an agreement with activist investor Elliott Investment Management, committing to cut costs across the company and lower prices in an effort to jump-start its slowing food business. The ...

PepsiCo plans to review its North American supply chain and warned employees of forthcoming structural changes as it nears a strategic announcement tied to talks with Elliott Investment Management.

Beverage and snack giant PepsiCo is set to overhaul its product portfolio, announcing plans to cut prices and streamline its offerings following pressure from activist investor Elliott Investment ...

PepsiCo (PEP) traded slightly higher after announcing a review of its North America supply chain that will include aggressively reducing costs to drive growth. The review followed weeks of discussions ...