PepsiCo announced on Monday a series of operational changes, supported by investment firm Elliott Management, which owns a stake in the company worth around $4 billion. These changes include a supply chain review and a reduction in the total number of products it offers. PepsiCo expects growth. CEO Ramon Laguarta said in a statement: "These steps, which include removing nearly 20% of its product lineup in the United States, will accelerate revenue growth, deliver record productivity improvements, and enhance core operating margin, beginning in 2026."
