Thread regarding PepsiCo Inc. (Pepsi) layoffs

Any S&T Updates?

Folks in the various S&T threads have already spoken to the insanity that is this "non-update update" pattern. I share all the sentiments, so to cut to the chase - has anyone observed additional cuts in the last week and/or heard anything new in the rumor mill?

I myself have observed a handful of Sr Directors disappear, though I'd say maybe 3/4 of them oversaw more nebulous teams that presumably had less success in articulating their material value add (to be clear, loved those people and it was foolish to not reassign them elsewhere).

My main question is if we have any sense of how deep on the org chart this might go? Is this first and foremost a fat-trimming cut or has anyone seen folks under the Director level (sr mgrs, mgrs, etc) get canned?

by
| 2342 views | | 5 replies (last April 18, 2024) | Reply
Post ID: @OP+1s3cu9pn

5 replies (most recent on top)

@3mam+1s3cu9pn there are cuts to the tech org at Pepsi every year, sometimes they are confined to a certain week, they usually happen in Q1 but I've seen whole teams get hit in December, August, July before. It's a continuous long term process. Pep loses share as consumers lose earning power and eat healthier and the profits are "not enough" to make shareholders happy

by
| | Reply
Post ID: @3xfq+1s3cu9pn

still happening today. When will this end?

by
| | Reply
Post ID: @3mam+1s3cu9pn

Also wondering what’s to come…

by
| | Reply
Post ID: @3xcl+1s3cu9pn

I haven't seen anybody get canned in my function within S&T. We will find out soon enough in the coming two weeks as the dust finally settles.

by
| | Reply
Post ID: @1mov+1s3cu9pn

Yes last week many directors were laid off. Jobs taken to India - for a change

by
| | Reply
Post ID: @1qau+1s3cu9pn

Post a reply

: