06:45 AM EDT, 05/31/2024 (MT Newswires) -- PepsiCo ( PEP ) will lay off nearly 30% of its workforce at a Frito-Lay plant in the suburbs of New York City, according to a regulatory notice posted Wednesday and reported by Bloomberg Thursday.

The notice said 88 of the 305 employees at the Middletown manufacturing facility will be laid off beginning Aug. 30.

Frito-Lay says it has more than 30 manufacturing plans across the US.

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