Layoffs have hit American workers hard in 2025, particularly in the government and tech sectors. Already this year, well over a million jobs have been lost due to layoffs—and unfortunately, it doesn't look like a cessation of job cuts is on the horizon. Reports say that beverage and snack giant PepsiCo is the latest major American company getting ready to announce layoffs. Here's what you need to know. What's happened? On Monday, PepsiCo (Nasdaq: PEP) issued a memorandum about its intention to enhance share ...