If the rumors are true that layoffs are expected before Christmas, and I hope they are not, then I have reasons to be worried. This is the worst time to become jobless and I have been looking for new options for a long time but I haven't been able to get anything better.
Honestly, I am surprised by how many people say that they would like to be a target. Really? Are you serious?
I can confirm this is taking place at Frito Lay in Twin Cities, MN as we speak. This is being communicated as a "reorg".
What is peas?
Rumors are leaning heavy towards Peas getting major BUMP in pay….
I’m sorry to hear that. What dept are you in?
@4oko+1jYhHPsz I am sorry to hear that.
I got invitation to meet with HR this morning for a 2pm appointment. See ya!
PBNA is being affected. Told by my mgr people should know this week
Don’t show emotion if caught up in this - smile and act happy (even if not).
6 months from now - you’ll be glad you handled it that way.
Trust me - been there!
Several emails so far. Each slightly different depending on sector. Good luck everyone.
I have only seem 1 email asking HQ associates to work from home Mon-Wed
Two from corporate?? I’ve only seen one so far from global functions
They are in fact happening over the next three days.
Wow, two emails from corporate right around 6 am EST….it has begun…
@3rcl+1jYhHPsz. If you don’t know factually, you should not speak as if you know. Kirk is gone
What's the biggest names to "retire" so far
I guess it is wait and see who/what departments get let go
There is no smoke without a European fire…. assume the benchmark is 20-25% cut… all functions all divisions.
If you purchased Pepsico stock just 5 years ago you would of made 84% on your money and have a nice fund to use when searching for a new job! Always look out for number one ( Yourself) !
Kirk is "retiring" it'll come out next week
Kirk did not retire, he’s still CEO.
Well if you didn’t see, Kirk tanner, Derek lewis, and numerous other retired today. Next week will be wild at Pepsi bev
Wondering if it is all divisions or certain departments
Curious what the working theory is for PBNA and if it has anything to do with the Division structure.
Started this week with DL’s retirement.
At Christmas. So happy to be part of the Pepsi family. Glad my real family doesn’t treat me like that.
Here is the deal....control what you can.
That means you cannot control if and when you will be laid off or not. You cannot control if you are going to get a package or not. BUT, you can control your destiny by preparing for Plan B and Plan C before layoffs actually occur. Review your financial situation. Figure out what you really want to do. I know some current employees want to wait for a package and I understand that, but only you can decide if the $$ and stress is worth it.
The corporate environment is too volatile and uncertain to expect loyalty. By being proactive, you will be managing a controlled situation rather than dealing with an uncontrolled situation like a layoff. It will also give you choices, something a layoff really does not do. Think of it this way, leaving the company on your terms is literally "firing the company!" This advice may be too late for many, but I know this strategy has been utilized by many of us now on the outside looking in.
If you have been reading the tea leaves for the last year or more, you would know it was time to get out and find something proactively, so you don't have to react to the nonsense, rumors and stress. Hopefully, the layoffs this time will not affect you, but
it might be helpful to up your game and be prepared for the uncertainty.
Is this frito or Pepsi? I am sorry for those that are worried. That is an awful feeling.
I am worried as I have been since they told me my job was going away. No one wants to be laid off
I’m sorry you are worried, lay-offs do start Monday. I wish everyone the best.
Agree - feel this will be a big one! Email and meetings have slowed down considerably, lots of meetings canceled…it is not good feeling.
it is never a good time for anyone to be layed off, but the rumors are out there. I haven't left in hopes I can get a package
I agree, this couldn't come at a worse time for anyone. And the uncertainty is so high with this one.
Took a forced buyout 6 months ago - best decision I ever made. Like the proverbial frog in the pot - I didnt know how bad it was there 'til I hopped on out. One super happy frog here!