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PepsiCo to cut about 1,000 jobs in North America as sales turnaround lags

PepsiCo plans to cut roughly 1,000 North American jobs over the coming week to streamline operations and lift weak home-market sales, Ram Krishnan, CEO of PepsiCo North America, wrote in a Monday staff letter. The company employs about 306,000 people globally and roughly 125,000 in the U.S. It cut i