The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Food, Beverages And Tobacco 46.34 - Wholesale of beverages
100 jobs Number of planned job losses
Announcement Date
7 December 2022
Employment effect (start)
7 December 2022
Foreseen end date
Description
The French subsidiary of the American giant, PepsiCo, is preparing a redundancy plan, which provides for the elimination of a hundred jobs out of the 600 that PepsiCo has in France. The job cuts are expected to affect sales, as PepsiCo has no factory in France since the sale of Tropicana a year ago to a French investment fund.
The group has stated that it regularly adapts its organisation to ensure that PepsiCo is structured efficiently, especially whilst operating in a volatile economic environment with many events affecting business. Thus, legitimising the need to take measures for optimising organisation and resources.
Eurofound (2022), PepsiCo France, Internal restructuring in France, factsheet number 108102, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108102.
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