New Challenges for Employees at Global Corporate Giants

Global companies PepsiCo and Qualcomm are moving ahead with workforce restructuring measures, raising concerns among employees. Beverage and snacks giant PepsiCo has reportedly decided to cut around 1,000 jobs as part of efforts to streamline its North American business operations. The company says the move is aimed at improving operational efficiency and supporting business growth. The decision comes despite its Europe and Central Africa business reporting growth of $5.41 billion during the quarter, according to the information provided.

PepsiCo’s restructuring efforts have reportedly gained momentum following the acquisition of a stake in the company by Elliott Investment Management in 2025. The company is focusing on streamlining operations and improving overall efficiency. Meanwhile, Qualcomm, which announced possible layoffs in October, has started implementing its workforce reduction measures. Employees across several countries are expected to be affected. The company has also introduced a voluntary exit package for employees willing to accept the offer and sign the required separation documents.

Under Qualcomm’s announced package, eligible employees will receive two weeks of gross salary, along with an additional two weeks of pay for every year of remaining service. The package also includes a pre-calculated compensation amount for the remaining service period and a lump-sum payment towards health coverage. Qualcomm has not disclosed the exact number of jobs that will be affected in the latest round of layoffs. Although initial estimates suggested that around 1,000 jobs in India could be impacted, the number is now expected to be lower. Qualcomm currently employs approximately 52,000 people worldwide.