PepsiCo posts flat sales; cuts jobs and issues bonuses

[ahlam1399]

http://static-global-s-msn-com.akamaized.net/img-resizer/tenant/amp/entityid/BBJ58cH.img?h=100&w=100&m=6&q=60&o=f&l=fNEW YORK - PepsiCo reported flat revenue for the last few months of 2017, and said that it will cut some jobs while giving others bonuses of up to $1,000. The layoffs, which will affect its corporate employees, amounts to less than 1 per cent of its more than 110,000 employees, the company said Tuesday. Bonuses go to those who make PepsiCo's snacks and drinks, and those who deliver them. Like other major corporations this year, PepsiCo is citing ...

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