In this paper we focus on the understanding of the PtxCoy catalysts degradation in PEFC environments. A multiscale atomistic/kinetic model is derived providing new mechanistic insights on the impact of clusters nanostructure and operating conditions on PtxCoy materials durability. On the basis of ab initio (AI) data, we identify favorable pathways of the ORR on PtxCoy clusters and of the competitive Pt-Co dissolution in acidic media. The derived AI-kinetics is coupled to a description of the atomic reorganisation at the cluster level as function of the cumulated Pt and Co mass losses. This interfacial model is coupled with a transport microscale model of charges and O2 through the PEFC cathode, and simulation sensitivity studies to operating conditions and initial compositions/morphologies are performed. Experiments on DLIMOCVD-elaborated model electrodes are carried out by using RDE and half-cells: degradation structural changes are characterized by using TEM, XRD and XPS complementing the modeling studies.