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View Full Version : PepsiCo to Cut 8700 Jobs Even as It Spends $600 Million More on Marketing - Bloomberg



NewsWhore
02-09-2012, 09:20 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHk4yQxkDldrx-nZd9aD8LDatw9Eg&url=http://www.bloomberg.com/news/2012-02-09/pepsico-to-cut-8-700-jobs-even-as-it-spends-600-million-more-on-marketing.html)


PepsiCo to Cut 8700 Jobs Even as It Spends $600 Million More on Marketing (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHk4yQxkDldrx-nZd9aD8LDatw9Eg&url=http://www.bloomberg.com/news/2012-02-09/pepsico-to-cut-8-700-jobs-even-as-it-spends-600-million-more-on-marketing.html)
Bloomberg
Profit this year will decline about 5 percent on a constant-currency basis and then increase at a high single-digit percentage rate starting in 2013, PepsiCo said. The “cost savings projections are encouraging, although 2012 will be a negative EPS ...

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