In brief

• PepsiCo plans to cut about 1,000 jobs across its North American operations

• The layoffs follow a cut made in October to the 2026 earnings growth forecast.

• PepsiCo stock is up 12.63% in a month despite a softer outlook

Read the original story “PepsiCo Stock Nearly Recovers 2026 Losses as 1,000 Job Cuts Loom,” written by Kamina Bashir on fi.beincrypto.com