Downsizing ?

Pepsi

No. of employees?

Reasons?

Effects ?

No. of employees? Axing 8,700 jobs.

Like many companies of all stripes, Pepsi is facing higher costs for materials it uses to make, package and transport its products, including sugar, corn and aluminum.

Pepsi and many other food and beverage makers raised prices last year to offset the higher costs.

Reasons?

But consumers are still cautious about spending in the uncertain economy, so some companies are moving on to Plan B: cost cutting.

Pepsi rival Coca-Cola Co. announced its own cost-cutting

Reasons?

The article reports on the plans of PepsiCo Inc. to reduce its manpower.

The company announces that it will cut 3,300 jobs and will be closing six plants.

Effects ?

These business changes are brought by the condition of U.S. drinks sales and a surging dollar, which will eventually affecting its international business.

Effects ?

No. of employees?

Reasons?

Effects ?

No. of employees?Approximately 3000 employees (74 employees per store)

Reasons?Staples was losing their business to online office suppliers

The sales have fallen drastically They are downsizing to turn up their online business by 90%

Effects ?Employees now become joblessStaples is trying to relocate in North America to cover the loss

Increase in investment in online business

No. of employees?

Reasons?

Effects ?

No. of employees?

Approximately 6500 employees worldwide (about nine percent

of its full-time staff)

Reasons?The layoffs come as Cisco anticipates a

rocky economic environment and seeks to ensure its expenses remain in line with its revenues, said John Chambers, Cisco CEO.

Cisco's revenue guidance for the current quarter was weaker than Wall Street expected, and shares fell sharply in extended trading.

Reasons?The company's stock fell $2.51, or 9.5

percent, to $23.87 in extended trading after the results were released. The stock closed up 6 cents at $26.38.

Cisco's product orders declined 3 percent due to economic challenges.

Effects ?But there's a broader impact

expected from the Cisco layoffs, the company's most significant since the 6500, positions eliminated in 2001 after the dot-com bubble - Cisco wants to lose an image of being a tough vendor to work with.

Effects ?Videoscape will be introduced by

Cisco at the Consumer Electronics Show. It utilizes cloud computing, IP networking and client devices and software to deliver Internet-based video  

Effects ?Competitors are focused on

making it easy for Cisco customers to do business with them.