PepsiCo layoffs

Beverage and snack giant PepsiCo may be planning layoffs. But analyst takes were mixed on what the cuts meant for the industry.

The layoffs at PepsiCo would come amid a growing number of job cuts in the tech and media industries. “A strong brand is always going to have pricing power,” she said. Madia said PepsiCo, given its popularity, could still command prices that were more favorable to the company. “When Pespi has layoffs like this, I think the rest of the industry, definitely, will be very interested, and perhaps other companies may follow suit.” [reported](https://www.wsj.com/articles/pepsico-to-lay-off-hundreds-of-workers-in-headquarters-roles-11670276051?mod=article_inline) on Monday that PepsiCo [PEP, -0.81%](/investing/stock/PEP?mod=MW_story_quote)was laying off hundreds of staff at the headquarters of its North American beverage and snacks segments. Steeper cuts are concentrated in the former, the report said.