PepsiCo is set to cut 8700 jobs in 30 countries.
The soft drinks maker expects the cuts will save $US1.5 billion over three years.
Pepsi forecast a 5% fall in 2012 earnings. The company also plans to step up spending on advertising.
PepsiCo is set to cut 8700 jobs in 30 countries.
The soft drinks maker expects the cuts will save $US1.5 billion over three years.
Pepsi forecast a 5% fall in 2012 earnings. The company also plans to step up spending on advertising.