The kids say “get your popcorn ready” and I did these past few weeks.
I’m 2 years away from retirement, worked in multiple sectors/BUs, and outside of PepsiCo as well. I've mistakenly chased money and it cost me. In the end, I've learned to be content with what I have. Do better than me.
The fear of the unknown can hold you hostage.
The apprehension of layoffs is holding so many of you hostage. I have empathy for you but would encourage you to think about how you might impact others for the better rather than dwelling on what you can’t control and spreading that fear.
There is a freedom in acknowledging you don’t have control yet knowing you can still help others.
For my fellow popcorn eaters, here is the last two weeks…
Rescinding of frontline job offers
- Accurate; Planned actions for a while, recent notifications were simply unfortunate
Why is anybody still at PepsiCo?
- Fear mongering
- The 2nd response to that post was correct
Staffing Reduction Strategy
- Fear mongering again
- Copied and pasted from a previous post
Leaders of PepsiCo - S and T and support group
- S&T team does have that reputation, but the call out comes across as a personal vendetta.
- You are not going to fix the problem by posting here. (I have empathy for you, but get away from the victim mentality)
- Yes, thes Global Design teams working on the trading cards you requested
No email to stay at home was sent out - just rumor?
- Correct. While that’s good news, still wish I got to work from home.
- “…my reliable SVP connection in Finance…” – more fear mongering.
- “Steven Williams” comment is unnecessary and from someone just trying to cause dissention
Ramon being called out by the Press
- Another person trying to cause dissention
Super Bowl dud!
- While we should be concerned with the extreme spending on Super Bowl, the post is poorly informed and pushing a personal agenda over facts
- The comments which ensued after this were sadly ignorant
Finally, DEI is Downsizing or Going Away at PepsiCo!!! Let's Celebrate!!
- Hate mongering
- If you are not supportive of DEI, that’s fine, but at least educate yourself on the subject and present a reasonable case position
Bonus Payout Rules
- Simple, work until December 31st and you get your full bonus, good luck.
Return to office Full Time??
- Not announced, but you definitely got people up in arms.
- The response “Jamie Dimon gets it” was brilliant.
- Staffing Reduction Strategy post was stolen from here.
Stay Home Email this Weekend
- Not announced, but you certainly caused a kerfuffle with that comment.
Millions Spent on SB ads, Layoffs Next
- The suggested numbers on the spend per AD is wrong
- Personal comments about Maria and Ramon are not appropriate
- The response about holistic spend on SB was very insightful. (I’d have a guess and say you are in Finance?) Mind boggling to think of it that way
LHH Career Services
- It’s a severance service to help with the journey to work somewhere else (Standard procedure)
- General consensus was that LHH was helpful
Layoffs Coming Next Week
- Fear mongering again
Layoff funding almost doubled in most recent 10k
- Appears that not everyone understands what a 10k is…
- A 10k is a comprehensive financial report for publicly traded companies with legally required disclosures.
- 10k reports change over time because they change with performance
- The company the 10k from PepsiCo’s perspective
- The poster is reading too much into the funding changes and isn’t factoring planned expansions, acquisitions, and clearly doesn’t have that high of a level of visibility to the PepsiCo’s real financials.
Any insight into how many people accepted the VRP?
- Great question but you will never find that out.
Layoffs season ahead of us
- More fear mongering
Look at your Environment and Leaders
- Accurate or not, the insight to Ramon’s salary is fun
- Speculation that Maria Laguarta’s (Ramon’s wife) is on the payroll seems off. That would be a very public case of nepotism and possibly a conflict of interest.
- I personally don’t have an issue with her traveling with him and that probably keeps him out of trouble!
Anyone know about HQs or Corporate Affairs function?
- Good luck getting that answer.
All that popcorn is making me thirsty for a soda!