PepsiCo to Cut Jobs in Chicago

PepsiCo is cutting workers from its Chicago office.

Company spokeswoman Candace Mueller Medina told Crain’s Chicago Business on Thursday that a “minimal” number of jobs would be cut.

The Chicago Tribune, which first reported the layoffs, said at least 100 workers lost their jobs. The workers were informed on Wednesday, sources told Crain’s.

Chicago is home to PepsiCo’s North America Nutrition division, which oversees brands including Gatorade, Quaker and Tropicana.

“We believe the actions we are taking are necessary for the long-term health of our business and position us for continued healthy, sustainable growth,” Mueller Medina said in a statement. The company “remains committed to having a strong presence in Chicago.”

Read more via Crain’s Chicago Business