A post by @FirstSquawk on X.

PepsiCo is cutting roughly 1,000 jobs across North America, according to a Wall Street Journal report cited by First Squawk. The reduction amounts to a small fraction of the food and beverage giant's roughly 300,000-strong global workforce but signals continued cost discipline in its home market. The move comes as the company manages softer demand trends and margin pressure in its North American beverage and snacks businesses. Investors will watch whether the cuts feed through to restructuring charges and savings guidance in upcoming quarterly results, and whether peers follow with similar actions.