PEP · News · 20261021N

Headcount / Restructuring

PEPSICO INC · 2026-10-21 · Importance 38 · Surprise 42 · In source text

PepsiCo immediately closed its Knoxville, Tennessee, bottling plant and notified 122 employees that their salaries and benefits would end on January 1. A separate report described the closure as affecting 112 layoffs, while sales and delivery staff in the Knoxville area would remain employed. The closure follows PepsiCo’s September shutdown of a Cheverly, Maryland, bottling plant that affected 100 workers. The reports linked the Knoxville action to weaker North American beverage performance and rising costs.

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operating_incomepositivecommitted—PepsiCo has announced the immediate closure of its Knoxville, Tennessee bottling plant, informing 122 employees that their salaries and…