CEO Indra Nooyi

"This is an 'and' game and not an 'or' game". It was an unusual choice of words from PepsiCo chairman and CEO Indra Nooyi but one that underlined the company's push into healthier categories would continue as the US food and beverage giant set out a series of measures to improve its growth and quieten criticism from investors.  

Feb. 13 (Bloomberg) -- Global companies from NEC Corp. to PepsiCo Inc. and AstraZeneca Plc are chopping jobs more than three times faster than in 2011 as they brace for recession in Europe and a slowdown in China. Announced workforce reductions ...  

The Associated Press reports PepsiCo (NYSE: PEP) has announced it will cull 8,700 jobs around the world and will ramp up advertising in North America in an effort to reduce costs. Although the company exceeded expectations in fourth-quarter 2011, it has predicted a decline in 2012 earnings. PepsiCo, which produces such beverages as Gatorade and Mountain Dew, had considered eliminating its 401 (k) match along with 4,000 employees earlier in...  

NEW YORK (Reuters) - PepsiCo Inc Chief Executive Indra Nooyi laid out a plan to turn around the company's North American soft drink business that includes ramping up advertising, cutting 8,700 jobs and a bigger-than-expected decline in near-term earnings.  

PepsiCo outlined a plan on Thursday that included cutting thousands of jobs and increasing advertising in an effort to revive the company’s soft drink business in North America. The company’s chief executive, Indra Nooyi, said that it would ...