This is my prediction: There's no alternative. It wouldn't surprise me to see beverages spun off in the long term. Ram is talented; he can fill Ramon's shoes, deliver what investors desire, cut costs, consolidate roles within our core brands, and... — read more
The S&T Fraud
Senior Vice President of Digital Products and Services caught using AI to enhance LinkedIn Resume! https://imgur.com/a/rRAh021
Productivity
No productivity! Everyone waiting to hear changes and layoffs. Upper mgt disengaged causing more chaos. No on cares about their work. CEO making buck, employees going broke. They are clueless. They need to make announcements ASAP. Heard GMAS being... — read more
READ: Athina Kanioura: The Iron Fist Behind PepsiCo's Tumultuous Transformation
https://medium.com/@alpha.perennial285/athina-kanioura-the-strategist-vs-the-reality-247b6e8e1ab2
Restructure
Any word on the Pepsi restructuring. Not replacing managers that leave. Don’t know but it feels like they are finally going to 3 divisions and changing markets and territories
Leadership at the top no longer exists in S&T
There were a few guys in S&T that understood the scope of the project and the ins and outs. We could call them and they were knowledgeable and figured out solutions. Not anymore. They all packed up and left in April(some voluntarily, some forced... — read more
S&T rewards mediocrity and political yes men
It is outrageous and demoralizing to see undeserving individuals in EDF Data Engineering and DPS Data Product teams receive promotions despite their abysmal performance and creation of chaos. The so-called 'leaders' have failed to deliver any... — read more
Dr Pepper just passed Pepsi as the second biggest soda brand
Nice work team ! https://www.cnn.com/2024/06/03/business/dr-pepper-pepsi/index.html
Over?
So quiet here and in the buildings, at least for the Pepsi side. Is it over?
Sloppy Company Balance Sheet
Well, we need ideas. Our mismanagement has us in a predicament. PepsiCo has 9 billion $ in short term debt coming due soon in the next year. We’re probably going to refinance, but we aren’t in good shape due to the interest rate environment being so... — read more
Next Rounds of Layoffs are Coming
The word is either starting tomorrow through the rest of the week or next Tuesday through Friday, senior leadership will be gifting us with yet another rounds of layoffs. From what I’m hearing is this will be the norm for 2024 until they reach a... — read more
Sold my shares today
There might be more bumps from the financials looking better once costs go down due to reorg, but PEP is a joke.
Townhalls have become completely useless
When's the last we had one of our many relevant questions answered honestly and fully? Can anybody even remember? There's no point in going or watching them anymore since it's just some PR mixed in with damage control mixed in with mutual petting on... — read more
I propose that Athina be given an award for the most poorly handled reorg and organization in the history of this company.
From empty promises to silence, Queen Athina has definitely F/U S&T.
Immoral green washing company
All one has to do is look at any number of objectively written articles to learn this organization is simply full of themselves and something else. A few months ago, I submitted in good faith and with medical documentation a reasonable accommodation... — read more
Pepsi ?
Reading all the comments on layoffs and packages. It’s been quiet on the Pepsi side . No cuts, layoffs or packages. Is it over? Was that it?
My work has more than doubled
I'm sorry I wasn't laid off. As things stand now, I'll have to quit soon if I value my health, and that means no severance. This is messed up beyond words.
S&T Townhall Comment Collector
Opening a thread for discussion about the S&T townhall.
S&T org changes
Major changes on my team in the org, anyone else’s?
Unfortunate Q1 earning report
Today’s earnings report does not bode well for Quaker and the US overall. Stand by for major announcements and massive changes to the business structure.
Athena and S&T
Heard we can expect layoffs well in September. It’s clear that it’s a numbers and favoritism game at this point with plenty of respected leaders walking out due to her poor management. The lack of communication and change management during this reorg... — read more
Any S&T Updates?
Folks in the various S&T threads have already spoken to the insanity that is this "non-update update" pattern. I share all the sentiments, so to cut to the chase - has anyone observed additional cuts in the last week and/or heard anything new in the... — read more
It's all about the bottom line
Corporate greed has completely taken over. At least there used to be some kind of a balance before, but that's long gone. There's truly no point in staying here with things being the way they are currently.
Overcorrected?
Starting to see new org charts roll out at PFNA. It really seems like the company continues to overcorrect with more and more senior leaders being female and POC. It’s blatantly obvious now that the white man has to future there. They’re slowly... — read more
Don’t Be Afraid To Leave
I saw the writing on the wall when I worked at FLNA HQ and they were so heavily pushing certain roles to move to GBS in Mexico. They’re going to slowly find ways to move more and more HQ/admin roles to GBS as time goes on. Makes total sense... — read more
Total for the week
Do we know how many total were affected this week?
Different entities
I think we need separate forum for Quaker, Pepsi, frito. It looks like only frito and Quaker are having layoffs and packages Pepsi hasn’t had any
Not worried
PepsiCo has been unbearable to work for the last five years at least. I am not worried about layoffs one bit. I will gladly take a severance package to leave this dumpster fire. I'm honestly not sure why so many people are worried about this when it... — read more
Any Media Reports?
Cannot see anything in my news feed (the last one is from Forbes but it's about that Corp cut in 2022). Anything reported anywhere?
Any word on PBNA?
Has anyone heard anything about layoffs coming to PBNA?
PFNA layoffs?
Any update what teams are being impacted by this?
Just to check
No layoffs as of now?