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PepsiCoEarnings

Australia: PepsiCo demands more real pay cuts at Brisbane Smith’s crisps factory

What happened

PepsiCo reported a net income of $10.45 billion for the 12 months ending June 30, a 38.4% increase year-over-year.

Source

Article excerpt

As part of a global cost-cutting offensive, food and beverage giant PepsiCo is seeking to impose further cuts to real wages and working conditions at its Smith’s Snackfood factory in the Brisbane suburb of Tingalpa. Aggressively, the management has announced a ballot to try to push through its demands without agreement from the three trade unions covering the more than 400 workers at the site, while counting on the union officials to stifle workers’ anger. Workers should vote No as a first step to fighting for better conditions and winning support from other PepsiCo workers nationally and internationally. The management’s move follows talks with the Australian Workers Union (AWU) and United Workers Union (UWU), which have production and warehouse members, and the Electrical Trades Union (ETU), which has members among maintenance workers. Together with a factory at Regency Park in Adelaide, the Brisbane plant produces potato chips and other snacks, under brands including Smith’s, Doritos, Red Rock Deli, Twisties and Burger Rings. As well as workers’ pay demands, the company has rejected virtually all the limited claims submitted by the unions, such as higher duties payments, limits on CCTV surveillance, a 30 percent night time shift allowance and allowances for workers’ licences and tickets. The only concession is a first aid allowance of just $22.26 per week. For now, aware...

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Extracted from this sentence

For the 12 months ending June 30, PepsiCo generated a net income (net profit) of $US10.45 billion, representing a huge 38.4 percent increase year-over-year.

Extracted by Autobound

From the Signal API record
Event
Earnings

What this signalsEarnings results often set the next budget cycle.

Amount named
$10.4B

The full record

From the Signal API record

Numbers

Amount named in the story
$10.4B

Extraction

Confidence
90%
Detected
Aug 26, 2026
signal_type
news
signal_subtype
has_earnings

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d5cd7f5a-3836-0de3-4670-27fe326ee4f9 returns this record as JSON. POST /v1/companies/enrich returns every signal for pepsico.com.

{
  "signal_id": "d5cd7f5a-3836-0de3-4670-27fe326ee4f9",
  "signal_type": "news",
  "signal_subtype": "has_earnings",
  "detected_at": "2026-08-26T03:50:42+00:00",
  "company": {
    "name": "PepsiCo",
    "domain": "pepsico.com"
  },
  "data": {
    "url": "https://www.wsws.org/en/articles/2026/08/26/xqkn-a26.html",
    "title": "Australia: PepsiCo demands more real pay cuts at Brisbane Smith’s crisps factory - World Socialist Web Site",
    "excerpt": "As part of a global cost-cutting offensive, food and beverage giant PepsiCo is seeking to impose further cuts to real wages and working conditions at its Smith’s Snackfood factory in the Brisbane suburb of Tingalpa. Aggressively, the management has announced a ballot to try to push through its demands without agreement from the three trade unions covering the more than 400 workers at the site, while counting on the union officials to stifle workers’ anger. Workers should vote No as a first step to fighting for better conditions and winning support from other PepsiCo workers nationally and internationally. The management’s move follows talks with the Australian Workers Union (AWU) and United Workers Union (UWU), which have production and warehouse members, and the Electrical Trades Union (ETU), which has members among maintenance workers. Together with a factory at Regency Park in Adelaide, the Brisbane plant produces potato chips and other snacks, under brands including Smith’s, Doritos, Red Rock Deli, Twisties and Burger Rings. As well as workers’ pay demands, the company has rejected virtually all the limited claims submitted by the unions, such as higher duties payments, limits on CCTV surveillance, a 30 percent night time shift allowance and allowances for workers’ licences and tickets. The only concession is a first aid allowance of just $22.26 per week. For now, aware of...",
    "summary": "PepsiCo reported a net income of $10.45 billion for the 12 months ending June 30, a 38.4% increase year-over-year.",
    "planning": false,
    "image_url": "https://www.wsws.org/asset/dc50560d-85eb-49ea-a130-f42ec04361f3?rendition=1600x900",
    "confidence": 0.9,
    "published_at": "2026-08-26T03:50:42Z",
    "article_sentence": "For the 12 months ending June 30, PepsiCo generated a net income (net profit) of $US10.45 billion, representing a huge 38.4 percent increase year-over-year.",
    "amount_normalized": 10450000000
  }
}

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