Massive Beverage Company Closing New York Plant

A popular beverage manufacturer is closing a plant in New York and laying off nearly 300 employees. I'm sitting here trying to figure out when jobs are coming back. The unemployment rate as of December 2024 was 4.1 percent. Maybe it's just me, but I have seen a lot of people all over the country getting laid off or fired. The federal government firings by Elon Musk and DOGE will surely drive the unemployment rate up. According to The Hill, around 200,000 people could be affected by the widespread cuts to federal agencies.

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Almost 300 jobs will be leaving New York, as a popular beverage manufacturer shuts down its warehouse. Frito-Lay, which has headquarters located at 701 Legacy Drive
in Plano, Texas, is shutting down an operation in NYS. Back in May of 2024, the company announced that it was laying off 30 percent of its workforce at PepsiCo Frito-Lay manufacturing factory in Middletown, New York. Out of the 305 employees, 88 were let go. Now, Frito Lay is making more cuts to its New York workforce.

According to a new Worker Adjustment and Retraining Notification or WARN notice, the company is closing its plant at 89 Mill Street in Liberty, New York. The company cites 'economic reasons' as to why it is parting with 287 employees. The layoffs were announced on Friday, February 21, 2025, and will start on May 21, 2025, and finish by June 6, 2025.

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According to Yahoo Finance, Pepsi had revenues of $91.9 billion in 2024 and a net income of $9.58 billion, which was a 5.6% increase from the 2023 fiscal year. Back in October of 2024, Pepsi closed four U.S. bottling plants leaving nearly 400 workers without jobs - 136 employees in Cincinnati, 131 in Chicago, 127 in Harrisburg, Pennsylvania, and less than 50 in Atlanta.

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