Money For Lunch – Pepsi Replacing Workers With Robots

Pepsi Replacing Workers With Robots

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According to Business Insider, PepsiCo has begun letting go of an unspecified number of employees amid plans to “relentlessly” automate, citing two unidentified people affected by the cuts at the company’s Purchase, New York, headquarters and in Plano, Texas. The food-and-beverage company said last week in a regulatory filing that it expected to incur $2.5 billion in pretax restructuring costs through 2023, including for closing some plants. Chief Executive Ramon Laguarta also said on Friday the company intends to eliminate those jobs that can be automated.

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