PepsiCo doesn't publish a standalone "layoff budget." The number that functions as one is the restructuring envelope for the 2019 Productivity Plan, which was expanded and extended through 2030. Here's where it stands per the latest 10-Q (quarter... — read more
Layoffs when?
Can we get back to the purpose of this site? When are the layoffs coming, who’s impacted? Somebody knows something! Previous post saying September but September is over next week.
Big Changes to Board and C-Suite layer
Got a news that they will be some big changes happening in Board of Directors and C-suite layer. Anyone heard anything?
OHS —> Layoffs.com
More and more employees are coming to this site to share their experiences under current leadership. Leadership, starting with Ramon, needs to take ownership
Pepsi Stock performance. Thinking of working at PepsiCo? Here are the facts.
Thinking about working at PepsiCo? Here's the last five years, by the numbers. No opinions below, just what happened between September 2021 and today. The stock Sept 2021: $154. Today: $129. Down 16%, sitting at a 52-week low, roughly 25% below its... — read more
Q3 Results
Layoffs will be strategic and calculated to coincide with quarterly results. Poor results creates justification to “restructure”. The current unofficial hiring freeze will help with some of that. Rumors about R&D, on prior post, are mostly... — read more
Get ready for the storm
Most PepsiCo employees will skim past the recent board appointment Joaquin Duarte. This appointment is part of Elliot Managements activist investment influence. PepsiCo is being reshaped and transformed with Pepsi/Frito merged distribution. 3rd party... — read more
No relo but H1B ok
Add this to your ORG health Why is it ok for Pepsi to shut down relo to find the best talent for roles, but approve around 300 H1B applications at an estimated $2 Million dollars in fees. Meanwhile colleges have told the youth to go to college and... — read more
Relo
Has anyone been asked to pay back a relocation after being in role over a year? Has anyone not paid/ or has paid give me any details.
Org health survey now open
Alright everyone… how honest are we going to be
I got the memo from Ram…
I got the memo. I showed up. I noticed HQ here in NY is still a ghost town. I’m thinking we must have laid off the entire HR department because they are nowhere to be found. I might think the same thing about finance, but there were so few to... — read more
Let it be known- RTO
Ram and Ramon care so much about their employees that they have suddenly shifted gears and mandated a return to office policy in the middle of an oil crisis and record high fuel prices. All of this feels intentional on destroying the American... — read more
Delayering in R&D staring October
R&D LT will start delayering of roles as part of restructuring. There can only be up to 7 layers of managers. Directors need to have 5+ directs, all or nothing. Sr. Directors either have 7+ directs or none at all.
Smiles week
Everyone ready for smiles week? Rough month to schedule it, but the calendar invite had already gone out. For the uninitiated: SMILES Week is when a large company that sells both chips and soda sends everyone a calendar invite to be happy. It's... — read more
PEP: $129.75
Like a complete unknown, like a rolling stone.
Momentum during layoff time
Momentum is everything. Watch the people who moved fast. VP to CEO. VP to President in under five years. Then watch what happened to the people who were "doing great work" and stayed at level. If you're being told how good you are but you can't get... — read more
Smaller Teams, Larger Workloads, No $ to Show
At what point does an employee reasonably say, “I have accepted increased workload and expectations for three consecutive years without a meaningful merit increase or bonus, while the company’s financial and stock performance have deteriorated, so... — read more
HR layoffs
Who’s excited for October?
Transformation Cost
Does anyone know how much this transformation has cost the company? And how many Americans lost their jobs to other countries?
PepsiCo lays off nearly 70% of workers at Cheverly, Md., facility
https://wjla.com/news/local/pepsico-cheverly-maryland-layoffs-workforce-reduction-warehouse-manufacturing-firings-workforce-baltimore-washington-parkway-bottling-group
Smiles Week
So we have Smiles Week and looks like lots of effort going in to make this a good event, but wait who is actually doing work? The same folks that always are busy and those who have spare time ie no work are organizing. They are not admin staff they... — read more
CEO needs a PIP
100% Stock Appreciation Required to catchup with KO Who's having that review?
Sept layoffs?
Are layoffs planned for the end of this month?
Career Month
Will there be a career month in the USA, like India’s ICC Capability Roadshow?
No pride
I have a friend that works on the machines that told me he was told to work on a Coke fountain dispenser. Apparently the store owns the machine but pours Coke and hires Pepsi to fix it. When I started as a driver we would have been walked off the... — read more
Site shutdowns?
I heard sites are being shutdown today. Has anyone heard anything
Power and good intentions are not substitutes for results
Athina repeatedly says she has PepsiCo’s best interests in mind. But at some point, employees should be able to ask whether the actions and results support that statement. When she led Strategy & Transformation (legacy before IT was combined) ... — read more
Lunch is my escape
I hate RTO. I eat lunch in my car most days because I just can't deal with the constant noise and the incessive small talk anymore. That little bit of quiet is honestly the best part of my day.
Investment ideas
Investments for Pepsi employees: CTSH Cognizant Find access to private equity investments to Capstone This seems to be the future
Toxic
The bigger issue isn’t just layoffs — it’s what the organization is choosing to fix versus what it continues to allow. In some areas like TS & EP, teams already seem very lean, yet people are still being let go. At the same time, other areas such as... — read more
EAW budgets
Unspeakable
Exhausted
That is the feeling running through PepsiCo. We have an over abundance of leaders unwilling to lead but happy to spin tales and cast blame. We have a frontline ready for action but confused on the direction. We have brands that deserve recognition... — read more
Ram needs your input!
What is one thing we need to keep doing and one we need to change? Keep - my paycheck coming Change - The entire leadership team
Layoffs week of 9/20 or 9/28
Through end of year. Maybe just out Pepsi market
Fully Remote Roles
Any word on how employees who were hired as fully remote are be treated or employees who live over an hour away now that they moved everyone to Purchase?
RTO for all?
For the amount of roles moved to Mexico and India why do they not have the same RTO policy? Or do they? Can someone share please….