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PepsiCo plans to cut 3,300 jobs as 3Q profit falls 10 percent

Posted by coloneltribune 404 days ago, popular 404 days ago (http://www.chicagotribune.com)
Category: Economy | Tags: coca-cola pepsi pepsico
PepsiCo Inc., which has struggled with lagging sales of its soft drinks business in the U.S., announced plans to eliminate 3,300 positions globally, as it reported a 9.5 percent drop in third-quarter profit and offered a downbeat profit outlook amid a surging U.S. dollar.
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