Pepsi to Close Knoxville Plant, Cutting 122 Jobs
Pepsi is closing its Knoxville plant, resulting in 122 job cuts. This development comes shortly after the company announced a quarterly profit of $3.07 billion.
Knoxville, TN, October 21, 2026 —
Pepsi is closing its Knoxville plant, a move that will result in 122 job cuts, according to the information provided. The closure comes shortly after the company announced a quarterly profit of $3.07 billion.
No date for the plant closure or the job cuts was provided. The information also does not identify the specific Knoxville facility, explain the reason for the closure, or say whether the affected workers have been offered other positions or assistance.
The reported quarterly profit was $3.07 billion, but the quarter and the date of the announcement were not specified. No further financial details were provided, so the relationship, if any, between the profit announcement and the plant closure cannot be established from the available information.
The announcement links two recent developments at Pepsi: a decision to close the Knoxville plant and a quarterly profit report. It does not provide details about the company’s plans for the site, the timing of the shutdown, or what will happen to its operations there after the closure.
Information about the 122 affected jobs is also limited. The summary does not specify the types of positions involved or when workers were informed. Pepsi’s explanation for the decision was not included. Those details, along with the closure schedule, remain unavailable in the information provided.
Story summarized from the original created by Google News on news.google.com, see more information here.
