#activist-investor

#activist-investor

Layoffs have hit American workers hard in 2025, particularly in the government and tech sectors. Already this year, well over a million jobs have been lost due to layoffs-and unfortunately, it doesn't look like a cessation of job cuts is on the horizon. Reports say that beverage and snack giant PepsiCo is the latest major American company getting ready to announce layoffs.

EY Plaza can't catch a break, or at least its lenders can't. It wasn't enough for a deal to purchase the distressed downtown office tower to fall apart, no, its value also took a hit. It's now worth about $135 million, down about 10 percent from its last valuation, according to Morningstar Credit. That's a significant drop from the $446 million it was once worth. It's becoming more apparent that Adam Rubin and Andrew Shanfeld's Carolwood dodged a bullet when its $130 million deal collapsed.

"We take pride in the science," says Krishnan as he gives Fortune a tour of the Gatorade Sports Science Institute in Valhalla, N.Y., 30 miles north of New York City. At that research facility, athletes are evaluated using treadmills, glucose monitors, and other technology for how much their sodium levels vary and how quickly the electrolytes and sodium in Gatorade work to replenish them.