What began as a global Formula 1 partnership has rapidly transformed into something much more poignant. Formula 1, Mercedes ...

This year's been a rebuilding one. The fruits of this effort should become evident in the year ahead.

PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management that includes a 20% reduction in its U ...

PepsiCo will cut hundreds of products after Elliott Investment Management pushes for cost reductions. The company will reduce SKUs by 20% to boost value.

PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup by 20% ...

The food and beverage giant is aiming to lean into simpler ingredients and "functional benefits" starting in 2026 ...

Beverage and snack giant PepsiCo is set to overhaul its product portfolio, announcing plans to cut prices and streamline its ...

The PepsiCo layoffs are part of the business strategy to cut costs and product lines for a more nimble and strategic approach ...

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday.

PepsiCo’s operational changes will include a 20% reduction of its product lineup in the U.S.

The soda and snacks company struck an agreement with Elliott Investment Management, which revealed a $4 billion stake in ...

The reported layoffs could come as soon as this week, as employees have been asked to work from home, according to Bloomberg.