The layoffs will affect employees of its food and beverage businesses in Chicago; Plano, Texas and Purchase, New York, the Journal reported, citing people familiar with the matter and a company memo.The company's beverage unit is expected to be hit harder by the cuts because the snacks unit already shrank its workforce through a voluntary retirement program, according to the Journal.In October, PepsiCo hiked its full-year revenue forecast after higher prices boosted its sales.However, some of its business units, including Frito-Lay North America, reported shrinking volume, a sign that consumers were cutting back their snacking to better manage their budgets.In recent months, companies in the tech and media sectors have been laying off workers to trim costs as economic uncertainty pressures their businesses."