--- title: "PepsiCo Strikes Deal With Elliott, Unveils 2026 Cost Cuts And Plant Closures" type: "News" locale: "en" url: "https://longbridge.com/en/news/269024541.md" description: "PepsiCo Inc. has reached an agreement with Elliott Investment Management to enhance shareholder value through cost cuts, plant closures, and SKU rationalization. The plan includes job cuts and aims for organic revenue growth of 2-4% next year. By 2026, PepsiCo projects net revenue growth of 4-6% and core earnings per share increase of 5-7%. The company plans significant productivity savings and margin expansion through automation and digitalization." datetime: "2025-12-09T02:44:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269024541.md) - [en](https://longbridge.com/en/news/269024541.md) - [zh-HK](https://longbridge.com/zh-HK/news/269024541.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/269024541.md) | [繁體中文](https://longbridge.com/zh-HK/news/269024541.md) # PepsiCo Strikes Deal With Elliott, Unveils 2026 Cost Cuts And Plant Closures Add as your preferred news source on Google Add Now PepsiCo Inc. (PEP) announced that it has reached a collaborative agreement with shareholder Elliott Investment Management to accelerate shareholder value creation through sweeping commercial and financial actions. The plan includes aggressive expense reductions, plant closures, SKU rationalization, and reportedly job cuts tied to operational streamlining, alongside a preliminary 2026 financial outlook. PepsiCo expects organic revenue growth of 2-4 percent next year, supported by productivity savings and margin expansion initiatives. Chairman and CEO Ramon Laguarta emphasized that PepsiCo Foods North America will be central to delivering record productivity savings and improved operating margins. Actions include sharper pricing strategies to boost affordability, a stronger innovation pipeline with cleaner ingredient offerings, and significant cost reductions. Already, three manufacturing plants have been closed, several production lines shut down, and nearly 20 percent of SKUs are scheduled for elimination in the U.S. by early 2026. Media reports also indicate that job cuts are part of these restructuring efforts. PepsiCo projects net revenue growth of 4-6 percent in fiscal 2026, aided by acquisitions, divestitures, and favorable currency translation. Core earnings per share is expected to rise 5-7 percent, or 7-9 percent excluding global minimum tax impacts. The company also anticipates delivering record productivity savings through automation, digitalization, and simplification, with at least 100 basis points of margin expansion over the next three years. For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [PepsiCo, Inc. (PEP.US)](https://longbridge.com/en/quote/PEP.US.md) ## Related News & Research - [Czech National Bank Raises Stock Holdings in PepsiCo, Inc. $PEP](https://longbridge.com/en/news/280593733.md) - [Analysts Warn Shifting Consumer Trends Are Reshaping PepsiCo’s (PEP) Outlook](https://longbridge.com/en/news/268301491.md) - [Individual investors could get a rare shot at buying into SpaceX from day one](https://longbridge.com/en/news/281225223.md) - [16:23 ETNavan, Inc. (NAVN) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit](https://longbridge.com/en/news/281419775.md) - [17:32 ETCWH Investors Have Opportunity to Lead Camping World Holdings, Inc. Securities Fraud Lawsuit](https://longbridge.com/en/news/281251488.md)