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Benzinga
Benzinga
Business
Namrata Sen

PepsiCo To Drop 20% Of Products, Embrace Cleaner Ingredients And Aggressive Cost-Cuts In Major Elliott-Driven Revamp

November,6,,2022,,Brazil.,In,This,Photo,Illustration,The,Pepsico,

PepsiCo Inc. (NASDAQ:PEP) announced a set of operational changes backed by activist investor Elliott Investment Management on Monday, including a supply chain review and a streamlined product lineup.

PepsiCo To Cut 20% Lineup

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