PepsiCo is set to cut 50 jobs at German fruit juice producer Punica, according to local reports.

A report in German daily Die Welt yesterday (22 December) claimed PepsiCo was set to wield the axe, without naming its sources.

PepsiCo failed to return requests for comment as just-drinks went to press.

The Punica brand, which previously belonged to the US consumer goods company Procter & Gamble, was taken over by PepsiCo this year.