The PepsiCo company is set to cut 150 jobs in the Chicagoland area in an attempt to focus more on marketing efforts. The company currently has approximately 2,000 job positions in the Chicago area.
PepsiCo plans to cut a total of 8,700 jobs over the next three years, with the losses taking place in 30 countries. Company reps would not say how many of the job losses would be in the U.S., but did share that the net number of layoffs will be less than 3 percent of their stateside workforce. PepsiCo plans to put some $500 million to $600 million towards its 12 top-selling brands.
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