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    "headline": "PepsiCo cuts about 1,000 North America jobs after a weak third quarter",
    "dek": "Beverage volume in the region fell 2% and food volume did not grow. The company had already lowered its 2026 earnings outlook in October.",
    "prose": "PepsiCo will cut about 1,000 jobs across North America.[^1] The company says the cuts are meant to simplify its organizational structure.[^2] Ram Krishnan, the chief executive of PepsiCo North America, leads the unit taking them.[^3]\n\n## The quarter behind it\n\nNorth American beverage volume fell 2% in the third quarter of 2026.[^4] North American food volume was flat.[^5] In October the company lowered its earnings outlook for the year.[^6]\n\nPepsiCo describes the plan as streamlining its North American operations.[^7]\n\n## The scale\n\nPepsiCo employed about 306,000 people worldwide as of December 27.[^8] Against that figure, 1,000 roles is about one job in every 300. All of the cuts fall in one region.[^9]\n\nThe cuts reach a large trucking operation too. PepsiCo ranks second on the 2026 Transport Topics list of the 100 largest private carriers in North America.[^10] Neither report says which functions lose the roles.",
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