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Pepsi cuts jobs, boosts marketing chasing Coke

09/02 17:02 CET

Pepsi cuts jobs, boosts marketing chasing Coke

PepsiCo says it expects to cut 8,700 jobs over the next three years. That is part of a plan to save the equivalent of an extra 1.1 billion euros. As it reported better-than-expected quarterly profit PepsiCo said earnings this year would be down as it spends more on…


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