PepsiCo slashes 8,700 jobs
As Diamond axed its top brass, PepsiCo unveiled plans to slash 8,700 jobs in February, with a particular focus on North America, as part of a wider strategy to drive growth: PepsiCo to cut 8,700 jobs as part of growth strategy
Two months later, it revealed that sales of new mid-calorie cola Pepsi NEXT were ahead of expectations: Pepsi NEXT lures new consumers into cola category as sales exceed expectations
In August, it revealed that Muller Quaker Dairy, its joint venture with Theo Müller Group, had broken ground on its first US yogurt manufacturing plant: Muller Quaker Dairy breaks ground on first US yogurt plant
