Thread regarding PepsiCo Inc. (Pepsi) layoffs

@mv We need Quaker rice cakes that taste like Drizzilicious. I love Quaker Oats (non-instant).

Funny that you bash Quaker when they did just fine before PepsiCo bought them for Gatorade. PepsiCo just milked the cash cow for years and neglected innovation and barely advertised any of it while spending millions on promoting sodas. Now we are last at everything. Finally coming out with an overnight oat drink about five years too late. Ki-led the Aunt Jemima brand playing politics. Haven’t given any thought to what’s next when people don’t eat oatmeal anymore. Maybe they should spend a billion or two to buy another brand like Poppi?! Or maybe a couple more energy drink brands? I know, run it like Frito where we just put our head in the sand and pretend people will always pay the extra for our chips and we don’t have to track costs. Lower management wages and reduce headcount until you have no one that wants to work for you anymore.
Spin Quaker off like Yum Foods and take your SAP cr-p and upper management with you.

@d2 when (not if) they refranchize, then need to cut and reorganize corp support was servicing bottling also. Get used to more changes

How does President Anne Fink survive after all the losses that have come from being disconnected from the top to top of each major loss.

Remember when John Dean was having fun at AOP and Anne embarrassed herself by acting offended at the wording “Nantucket”? She came off like a spoiled brat onstage. Her likability is near zero. Horrid.

Cant help but wonder if that likability is what our customers are also seeing.

What are you guys considering as another reorg? They just changed everything. I find it hard to believe the structure will massively change again. Maybe people leaving and getting laid off though.

@b1 How is franchising better for the non-exec worker?

@b1 very true

Foodservice sales leadership is the absolute worst. Look at how many chains gone. And independents.

Basically now winning now relies on massive discounts and rebates.

Great job SVP and minions

It used to be, the best sound bites were from corporate leaks.

Now the best sound bites are during earnings calls and press releases.

@a6
They should be desperate. When everything you’ve tried has failed. 5 year stagnation of the stock price, nonstop share losses, losing huge longstanding food service chains, and your saving grace is another failed Reorg / cutting heads. It’s amazing they’ve managed to survive this long. Mismanagement at its finest. They can see an example of a working model right in front of their noses that’s kicking our a__ up and down the street every day for 5 years. Should be nervous, should be very nervous. Getting paid that much to fall on your face over and over again. Sell to the franchises and let’s start winning again

Shareholder value is important. We need the lurches in N.A. to work harder

@OP he sounds desperate, lol.

Yup

The texas combined distribution pilot failed. That was their big bet.

Re franchise bottling

Then start selling off low performing foods starting with quaker