All, What groups were affected by this weeks layoffs at the FLNA campus? Marketing, SC, Eng, R&D, Finance? Also, is this bomb as big as last years February m---acre? For those that are affected, count it as a blessing.....and BOYCOTT all of PepsiCo... — read more
So mishandled
Totally glossed over by new leadership. While Indra was not perfect, she owned the responsibility of the bad news to employees as well as good news. That you have to read news reports and SEC 10k filings because the company has taken an "ignore the... — read more
IT webcast
Who was the genius that took down the IT webcast I congratulate you
How high in the company pyramid does the reorg go?
To what level will the reorgs go? I imagine that regular company workers are the ones who will get hit the hardest and that the lower management will not be spared as well, but how high in the managerial pyramid will the reorgs be done?
Share your story!
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Anything expected today?
Any more layoffs? Anybody knows if HQ is done?
R&D impacted too
R&D not immune to current layoff. Certain group has got its notice that whole tram no longer part of strategic plans for Pepsico R&D. Unclear if this is the end for R&D layoffs this year or just the beginning.
When will it be done?
Any ideas on when the latest reorganization is going to be completed? Is there a set time frame? Or will this be another one of those situations in which there is no end in sight so those on top can lay off people indiscriminately throughout the year... — read more
IT Layoffs & Restructuring
IT layoffs are very much impacted, they were last year as well. IT goes through many many restructurings, and often as people leave of their own accord, they do not backfill with FTEs. NYC, Chicago, Plano. It was never really a sought-after place for... — read more
https://www.businessinsider.com/pepsico-layoffs-begin-restructuring-plan-kicks-off-2019-2
https://www.businessinsider.com/pepsico-layoffs-begin-restructuring-plan-kicks-off-2019-2
"Act Like An Owner" or "The Owners Are Actors" ????
So another IT Town Hall tomorrow with more miraculous numbers and testimonials of amazing progress. Where does this information come from? All I hear is a consistent and firm message from the business that IT service severely s---s and there is... — read more
Plant close France
Pepsico juice plant in Hermes , France in the Picardy region has been already been closed end of 2018. However plant has been restarted by the old management as a new independant company under the name of "Hermes Boissons "
Special early retirement benefits under 50?
Anyone able to get Special early retirement benefits under 50, but with almost 20 years of service?
IT layoffs are continuing until Thursday.
Got my package as my reward for 2 plus decades of loyalty with the IT organization. When I first started and years afterwards the company did not need an employee appreciation week as everyone knew that the organization did value you as an individual... — read more
I doubt there will be layoffs in CSC
I doubt there will be layoffs in CSC, what I think the vp's agenda for CSC is to cut headcount by people resigning, This will be done by re-leveling some (this was asked during the meeting and confirmed) while leaving others out plus piling work to... — read more
My last day will be April 20th. Training my replacements until then.
Just found out. Not many more details yet. I'm in IT in Plano, our whole organization is moving to managed services.
FLNA HQ Closed Friday
Frito-Lay HQ Associates, As mentioned in Vivek’s message last week, organizational changes are underway. To help facilitate employee transitions, FLNA HQ will be closing at Noon on Friday, Feb. 22. The only associates who will be allowed to remain in... — read more
The constant reorg
Ever since I came to the company a year hasn’t passed in which there wasn’t some sort of reorganization, smaller or larger. Now I see people are mentioning that the company has the plan to reorganize its structure and that that process will go on... — read more
No coverage of layoffs
Everywhere I look, media is talking about PepsiCo's acquisition of Muscle Milk. No mention of layoffs. Once again, the company managed to bury the news that would have caused bad publicity with something else. Or nobody cares about people being laid... — read more
Very quiet here...
No indications of more... Nobody seems too worried... I'm cautiously optimistic about today...
"How Changes Will Impact You" Chicago Plaza CSC
Had department meeting with SVP yesterday who explained high level effects of reorg. The only question on everyone's mind was "am I next" ... no one dared ask but HR was in the meeting and to "ease" everyone's jitters HR said "there will be no... — read more
More layoffs today?
Can we expect to see areas that were spared yesterday affected today? Something tells me that what we saw yesterday is way too few people for it to be over. I'm just wondering if the continuation will be today or sometime later in the week/month... — read more
NAN structure
With seth being now svp of juice (what kind of title is that?) and him being stripped down of responsibilities, it makes sense he will eventually leave (probably sooner rather than later) which would mean more turnover at sr leadership and more... — read more
No R&D reorg????
MK’s email said no reorg ... at this time. How can R&D stay the same if the business is food/bev. This is a joke. It’s obvious change is coming and it’s just looming on top of us. You have whole R&D teams that only supported nutrition and gng-type... — read more
This is a random ask
I actually dont work for PepsiCo I am with another company on this board that just laid off 4200 people, many of them in IT. I wanted to ask if your IT group will be affected and in what metro areas they may be. I am trying to put together as tracker... — read more
At least we got Muscle Milk
https://www.bloomberg.com/news/articles/2019-02-19/pepsi-buys-sports-focused-muscle-milk-in-new-ceo-s-first-move why announce an acquisition during layoffs
LOVE / HATE
Working at PEPSI in NY over many years has given me the opportunity to see many great things accomplished with talented and not so talented folks. I grew to love the culture and passion in those days but now feel a lot of hate for a company that... — read more
10-K Filing Signals Major Layoff
PepsiCo's 10-K (sec.gov, 2/15/19, p.56) states "approximately $800 million is expected to be reflected in our 2019 results. These pre-tax charges will consist of approximately 70% of severance and other employee-related costs." $560M will fund 2019... — read more
Who will stop them to continue with the reorgs throughout the year?
Think about it, if this shrinking proves to be successful, and it probably will cause the people that are left are going to be working their asses off, out of fear of layoffs and are willing to pick up the workload that will be left by the cut... — read more
Lucky Layoff: what kind of Severance Package to expect?
Just curious what kind of Severance Packages have been offered in the past...
Sad we get more info here than our company
That the news had more info than what has been provided is a sham of a way to do this. While never a great way, zero transparency is rubbish until the hammer drops. Multiple news agencies announced this was coming and crickets from within. Absurd.
Rebadging Again ?????
Rumor is that the remaining IT employees will soon be transitioned to offshore vendors. Outsourcing Or Bust is the game plan and PepsiCo is apparently ready to sell FTEs to the vendor.
why all the loyalty?
think about it: Too many people sitting around waiting for a payoff. Very little staff turnover difference between having an "outstanding" year, and "sailing along" is about 1.5% at calibration. people management is practically zero. all tick the... — read more
Schaumburg Updates
Nothing so far. Folks are just anxious. I've seen some rumors here and there is a ton of chatter on the ground - rumors flying left and right and that's never healthy. I just hope all of this is over soon, I pray they do not drag this for months as... — read more
https://twitter.com/TheLayoff/status/1097951361566683136
https://twitter.com/TheLayoff/status/1097951361566683136
CSC Impact?
Thoughts on how our Winston Salem Office will weather this storm?
Fishy? Global IT Town Hall (30 minute meetnig) invite sent out 1.5 days before the meeting
Hmm... only 30 minutes, and scheduled less than two days out. Anyone have any ideas about what this is about?
The workers from the bottom of the pyramid are always the biggest victims of reorgs
It’s kind of ironic how “regular” folks always pay the price of every reorg at Pepsi, while the ones that get us to the situation that we need reorganizing in the first place, or the ones that get “brilliant” ideas of how the company can become more... — read more
It has begun in NY
Lots of "retirements" being announced / communicated... The dominos are starting to fall