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Pepsi Cutting 8700 Jobs as Part of $1.5B Savings Plan

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PepsiCo Inc, the world’s largest snack-food maker, announced its plans Thursday to cut 8,700 jobs across the globe in order to offset high commodity costs and boost investment in advertising and marketing in North America. According to a report by Reuters, PepsiCo – the maker of Sierra Mist soda, Tropicana juice and Gatorade, among other [...]

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