Thread regarding PepsiCo Inc. (Pepsi) layoffs

@hc Right on the mark man! Nailed it with this comment: ´... It didn’t take long in conversation with G-yatri to recognize the unfounded claims, misleading narrative, and the lack of substance. And she was not the only one - several other DPA VPs have been known for the same, empty rhetoric, disconnected from reality, or bullying behavior covering up their incompetence, lack of clearly defined roadmap or realistic vision to lead.
Try talking to their VP of UX and you get the picture...´ There isn't much more to add in diagnosing the failures behind the DPA!

Anyone else get that Athina oops meeting invite for Sept 15-Sept 19th titled..."Athina in India for Meetings/BOD" ?? It was immediately cancelled.

@144 Lets see now if Athina is wise enough to remove some other disgraced DPA VPs !

@13f Well said ! at least G/ayatri leech is gone from DPA, not that her departure improved the DPA environment anyway… too late for that

@10n I could not agree more with spot on comments below about DPA/ S&T and some of their leaders. Waste of money and company valuable resources, poor planning, lack of feasible strategy, random people hired into VP roles, too often examples of conduct that should have been sufficient ground for dismissal! Plants in US are being shut down why those leeches keep draining PEP cash

@102 those who stood up to this cr-p left or were asked to leave. This Bs about digitization etc. we were already digital lmao... We have Athena lying about ai etc when there is none. DPA folks taking trips like noone does and what have we to show for it. Sap was and is bleeding us dry. So remind us what did we achieve. Nothing.
except for a bloated support on anemic obsolete SAP product garbage.

@102 All of Procurement isn't far behind

@ym and DPA is a poster child of that PEP sickness. Cant imagine how PFNA folks are willing to still fund that S&T/ DPA circus

@x3 Pepsico became simply a sick company with a toxic environment , spiraling downwards, while their leadership team only cares about filling their pockets.

@tc Amen to your post. A week in Miami for all LG1 and above is insane right now. But of course they are protecting themselves by networking all week.

Maybe if they stopped spending frivolously it would help. The amount of money HR a spent taking the entire country to Florida this year (as they do every year) is a waste, but to do it while closing plants and laying off workers when you contribute $0 to the bottom line……crazy!!!!!! All the money each market spends to have 2 &3 day AOP meetings….crazy. Again is it fiscally smart to do while you let people go….is it ethical to do while you let people go? Code of conduct is a joke

If layoffs happen, they need to be done at the top. We lost a lot of good managers to the VRP last year and now upper management is learning how much those managers actually worked. Now we have less help than ever before, and it shows in the stores. How do we grow share with no help while at the top we have directors over directors. I hope the VRP is offered again but I highly doubt it given the bad year last year and the even worse 1/2 year this year.

@r8 Totally agree. Something that in my opinion, is also a pivotal influence in PepsiCo's demise was the hiring of the Athina as EVP reporting to the CEO AFTER the CEO already brought in Seth as CIO reporting to Hugh and is no longer with PepsiCo. Someone with alot of influence got that one through the door. I wonder who....

@hc complete reset with mass exits starting from Ceo and CIO then all the Indians VPs and their cronies. All must go. Each played a pivotal role in creating this cesspool. Surprisingly PGT is kept out, they delivered total garbage and SAP.as a system just cannot deliver. Garbage product. SAP must have paid off big bucks to get in. Nothing works and we are bleeding millions in consulting fees for a legacy German tier 2 good for nothing useless ERP.

@hc completely agree with your comment. Unfortunately, some of the poorest examples of leadership I’ve encountered were at PepsiCo within DPA. It’s genuinely baffling how some of those VPs were hired — the criteria behind those decisions remain unclear and their conduct at least shocking at times!

@p6
I too am a Frontline employee on the beverage side, been employed my entire adult life, will be retiring soon. I honestly believe I work with the worst management, I've ever worked with.
And I've worked with ALOT !
Unfortunately, the company tolerates this very poorly ran plant.
Who knows perhaps this plant is on the list to close?? I would not be surprised.

I'm a frontline worker, we throw out thousands of dollars in chips, stale. We got greedy and raised prices too much and innovation su-ks. Its unbelievable to me this CEO is still there. And the way they pay us now, based on a plan gives me no incentive. Too many managers. Place still runs like garbage

The comment below is so accurate. I’m an upper band employee and LG1 and above doesn’t want to hear about issues or help with resolution. My LG manager thinks you’re negative if anyone brings up obstacles and will not support in any way. I was penalized in my year end review for trying to suggest solutions throughout the year. Performance does not matter. They just want to cut your pay and costs as much as possible and will look for any petty excuse to do so.

@cx Look, I ain’t sayin’ I’m some oracle or got all the answers, and surely Pepsico’s downfall got many layers but no one gon’ tell me the mess in S&T - especially DPA - ain’t had a major hand in it.
Over the last few years, DPA has been throwin’ money and resources around like it grows on trees, but what they got to show for it? Not much.
Expensive VP roles, appointments with unsuitable experience, behaviors often breaching PEP code of conduct and common professional standards.
That whole digital transformation Athina hyped up? Straight-up flop.
DPA been a trainwreck, no lie.
From overpaid VPs and LGs, to bringing in way more folks than needed, not even pretending to follow common agile practices or keep track of where the money goin'. And when folks pointed out to the issues, they were brutally silenced! So no surprise on PEP poor performance yet again!
Product managers pullin' in different directions, data science team can’t deliver, design folks makin’ stuff unfeasible to deliver, tech missing deadlines, and IBP - after all that funding, still ain't brought real value.
And through all that? The same folks sittin’ in senior leadership like it’s all good — except G-ayatri, who finally out, but not before duckin’ hard questions and playin’ her own games the whole time. That’s where most DPA folks energy went on regular basis, dealing with poor leadership.

It didn’t take long in conversation with G-yay to to recognize the unfounded claims, misleading narrative, and the lack of substance. And she was not the only one - several other DPA VPs have been known for the same, empty rhetoric, disconnected from reality, or bullying behavior covering up their incompetence, lack of clearly defined roadmap or realistic vision to lead.
Try talking to their VP of UX and you get the picture! Those folks only care about their pockets, career progression and how much they can drain from Pepsico.
Shareholders should be calling for some serious accountability. DPA leadership needs to be held to the fire, and so S&T?
It needs a full-on reboot. No more games - it’s time for change across leadership layers.

Hopefully !!! if anyone gets any information on what plants may be closed, they will pass it along ASAP !!!
Please !

I have no clue why the company hasn’t released talking points around the issues. Letting the field talk to customers without controlling communication is another big mistake.

I'm starting to notice a lot of Ostrich behavior, people burying their heads in the sand and not wanting to face reality. A big projected miss for Q2 with EPS down 11% from same time last year but let's pretend that is just normal and continue the status quo with our bad business plan...LOL

@ab You must be one of the LG1 and above. You can't be serious about the company's health and financials.

1. When the value of the company drops from $225bn to $175bn, are those healthy numbers for you?
2. When stock prices were $185 this time last year and $130 today, is that a healthy drop for you?
3. When layoffs are happening quarterly, is that healthy for you?
4. When a new US job positions are being put on hold until EOY or being sent to offshore, is that healthy to you?
5. When one person is doing the work of four people, is that healthy to you?

If any or all of the above is "yes" to you, you're an LG1 or above.

But we are wearing our Buffalo heads and charging into the storm like Sr Leadership told us to. The numbers must be getting better Sr Leadership is traveling like normal. 4th of July was supposed to beat expectations!

Another “inside source” predicting doom and gloom. I’ve all heard this same song before. Financial speculation is all well and good, but until PepsiCo actually announces anything, it's just more of the same panic and fear-mongering. These so-called “big layoffs” are not news. Companies make cuts all the time, especially when numbers don’t meet expectations.
Don’t be surprised when this end up being nothing more than hot air.

I cant believe the board is putting up with this

expect flat and declining sales for years to come, PEP doesn't have any kind of turnaround plan in place