Michael White to retire from PepsiCo

Michael White to retire from PepsiCo
PepsiCo has revealed that their vice chairman and PepsiCo International chief executive Michael White would retire later this year.
He has been with the company for the last 20 years.
He is also going to leave the company’s board of directors after his retirement.
Zein Abdalla would become the [...]

PepsiCo to invest heavily in China

PepsiCo to invest heavily in China
PepsiCo has announced that they are going to invest heavily in Chinese market in the coming years.
The US based giant is going to invest $1 billion in China over the next four years.
This would be part of their global strategy to expand their operations in emerging markets.
The company said that [...]

Pepsi cutting 3,300 jobs to cut costs

Pepsi cutting 3,300 jobs to cut costs
PepsiCo has announced that they are now going to cut 3300 jobs in their operations.
The aim is to cut costs as their profits fell down by around 10% in the recent times.
The company would also be closing down six plants in an effort to save $1.2 billion over [...]

PepsiCo to invest heavily in India for growth

PepsiCo to invest heavily in India for growth
PepsiCo has announced that they are now planning to invest as much as $500 million in three years in India to boost their presence in this market.
The aim is to triple their business in this market which is home to second largest population in the world.
Company Chief Executive [...]

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