• The New York Post, Thursday, January 5, 2012 11:35 AM

PepsiCo CEO Indra Nooyi is considering laying off roughly 4,000 workers -- about 1% of the Purchase, N.Y.-based company's payroll -- and ending the company’s 401(k) match in order to boost earnings. A decision could be made in days, per a source who characterizes the plan to generate some revenue as "burning the furniture."

PepsiCo currently offers a pension plan and a 401(k) match and believes offering both is more generous than its peers, a source said. Eliminating the 401(k) match would save PepsiCo $75 million, the source added.

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