The changes come as the US group looks to improve its performance after pressure from activist investor Elliott Investment ...

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

PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup by 20% and lower prices, while the company also pares its workforce.

Beverages giant PepsiCo announced a review of its North America supply chain on Monday, and said it would aggressively reduce ...

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

PepsiCo, Inc. (NASDAQ:PEP) is included among the 15 Best Blue-Chip Stocks with Growing Dividends. On December 11, Barclays ...

The maker of Lay’s, Doritos and Pepsi cola announced the plans on Monday as part of a settlement agreement with Elliott, ...

Beverages giant PepsiCo announced a review of its North America supply chain today, and said it would aggressively reduce ...

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

PepsiCo says it will reduce prices and eliminate about 20% of its products by early 2026 in a deal with an activist investor ...

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

PepsiCo's decision to play nice with Elliott is commendable, and getting away from its low-growth brands is a wise move.