PepsiCo is said to be considering buyouts, layoffs
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PepsiCo (NASDAQ:PEP) could take cost-cutting measures due to the economy, sources tell Fox Business.
The beverage giant is said to be considering offering buyouts to employees over 55 years old and making some additional layoffs if business conditions were to deteriorate.
Shares of PepsiCo (PEP) fellÂ 2.11%Â in afternoon trading on Thursday.