Leadership made some very poor choices in who they laid off. There was no eye to the future and everyone who they kept will be retired in the next 2 years or so.
Layoffs November
Anyone hearing another round of layoffs in November? If true, you have got to be kidding me. Why didn't they just do it this time. Heard it could be more field focused.
Diversity
Town hall was a lot about diversity. I wonder how many "diversity" people were let go??? Probably none.
Layoffs a good thing? BULL!!!
Sitting here in a town hall this morning. Listening to our leadership team tell us why these layoffs were so important and why we should be excited about it. Crazy. Who can be excited anymore? No one wants to do anything extra. We all know where the... — read more
PepsiCo to be a skeleton company with mostly outsourced departments
We've seen HR benefit management, AP, Payroll, IT, Purchasing...go to outsourcing. The next hit will be by YE 2018 as IFM will cut out field operations by outsourcing to a IFM/CB Richard Ellis type facilities management firm. Hard and soft FM will... — read more
Despicable behavior
The next step will be to offer long term employees a severance package to leave. They will have to sign off so they can not sue. If they don't take it many of them will get caught in the reorganization process with much younger people being hired to... — read more
Current Employee
The company is run so 60 years ago. I just came from a successful tech company and what will be key is they have to get rid of senior leaders. This company is ALL ABOUT politics - not good ideas - which is why the company is producing backwards ideas... — read more
IT needs to be cleaned out
IT at PepsiCo is bloated with a bunch of overpaid bureaucrats who spend their entire days in meetings. Then you have the Indian contractors who just take orders but don't have a clue what's going on. You have security which is now the most... — read more
How long before next round?
Who wants to bet we'll be hearing about more potential layoffs within a month? Things at PepsiCo have now started to move in a certain direction, and I don't see they'll be stopping any time soon. Layoffs will continue for as long as there is anybody... — read more
Why is it ok for Pepsi's senior management to still take their bonuses while firing 1000 employees???
Seems to me they’re not making money by developing new brands or coming up with any creative thinking they’re actually making money by illuminating jobs. So I hope the board and 4/3 are happy but you are really indecent greedy repugnant people. I saw... — read more
Is R&D the only function affected?
Not sure if this is happening in other functions other than R&D. I have lot of R&D guys sacked over the past 2 weeks across the sectors. In the first place who overstaffed R&D in the first place?
Lay offs over
Wondering
House of Cards
Who ever said there was permanence, stability or security in ANYTHINGl particularly employment?? If the public is no longer drinking sugary soda, there is NOTHING PepsiCo can do except hope to replace that gap with other marketable consumables, which... — read more
Stress Levels
Although everyone is stressed right now, some are more stressed than others. Of course those laid off are more stressed, despite utterly silly comments saying they are "the lucky ones" and nonsense like that. Yes, how lucky, they no longer have an... — read more
Layoff perspective from my HQ perspective
I've worked in the field and HQ for 40 + years retiring not too long ago. Take this for what it is. After 40+ years of working in various HQ leadership roles and having been in multiple GM roles on the GTM side: I would sum up the state of the... — read more
Today I cried
I was not terminated, but the stress from the last several weeks has been horrible. I cried for all the unnecessary stress that all of us went thru. I cried for all those who gave years to the company and were shown the door. I cried for the great... — read more
Feb. 14, 2018 - Valentines Day Pepsi Layoff Massacre!!
Well, just like many of you, I was laid off!!! The corporate world is full of pigs and snakes. They all smile to your face and give you the assurance that everyone is safe. But at the end, when you are least expecting, you are cut-off. The IT... — read more
cant trust our leaders direction for the company
I was lucky to be spared but I have no faith in our current leaders. Dummies, sycophants, and kiss-a-- lovers all around. Bet we won’t have see the real results from the next org health survey. No way they’ll share single digit scores on confidence... — read more
When will the reorg be communicated?
I work on the foodservice team on the west coast and am worried I'll be impacted. Any idea when this will be communicated and how drastic the changes will be?
Still hiring?
Why are we still hiring while laying off thousands of people at the same time? PepsiCo posted new job openings literally during the two days during which it laid off a whole bunch of people. Why is this okay? Can't they wait at least a few days, to... — read more
Anyone Calculate What Indra Makes Per Hour Recently?
Back in my day at Frito/Pepsico, it was decided to take a stab at trying to put a dollar figure together in terms of what she made per hour. In 2010, with stocks, salary etc it was roughly $7645 an hour. I wonder what it is these days?
Have dignity
I was laid off yesterday. In a room with HR and SIte Leaser. At no time during the conversation did either of them look me in the eye. These are people’s livelihoods and futures you are dealing with, have dignity and respect for the people who have... — read more
I should be feeling better about it being done
I really should be feeling better than I am about the whole ordeal being done and me still having my job. I don't, though. I'm up in the middle of the night once again, thinking of all the people who were laid off so that those on top can pad their... — read more
Do I need to tell my story about snakes falling from the air vents to cheer you up???
I just wanted to post to send my support to all my former friends and colleagues. I left Pepsi 4 years ago after 16 years and I want to share some thoughts. First, I know that you may feel that your worth has diminished, that your no longer viable... — read more
The “delayering” of the organization
Definitely saw this strategy in action, as stated in IKN’s written statement. Was particularly true in GP. Gotta admit there is so much inefficiency with L11 reporting to B1 who reports to B2 who reports to B3. Anyone else witness this in their... — read more
Full of it!
I was only with the company for 5 years and was not a jr employee nor was I a senior. My pdr was good and I saved the company money repeatedly each year by coming up with cost effective solutions within the department I was with. Yet, I had people... — read more
Layoff 02/16
Up to 10,000 layoffs Friday 02/15. All campuses from New York to Plano, Texas closed at noon Friday 02/16 to facilitate layoffs. Jobs also going to India and Canada
FIZZLING OUT......
Guess it was true - they do this annually and it is repulsive! Most of the people let go dedicated over 2 decades to that company. Guess that does not matter as long as the corporate elite pad their bonuses and salaries! So disgusting! Worked there... — read more
Google it..
Pick any 10 large corporations, from any industry, across all sectors and Google to see if they're laying people off or have laid people off in the past year or two. Here's what you will discover: At least 7 out of 10 of those companies have laid... — read more
Does anyone knows how Puerto Rico is affected? Cidra PGCS plant.
Does anyone knows how Puerto Rico is affected? Cidra PGCS plant.? Has anyone heard any rumor of layoffs in Cidra?
Severence
Do you think severence is given for the total employment years even if their was a lapse in employment? (If you had to leave for a month, year etc. and got hired back?)
Play by Play of how Pepsi handled me and my layoff
Im no whiner , but my Pep story is so ridiculous Im curious what others think.. Came in off a strong referral from the outside, was hired by and reported to a respected B2 to develop and build a team within a trans function.Being an external hire... — read more
Not everybody can move on
Can people please stop telling others to move on to another job or shut up? There are those of us with very few options outside of our current employment who don't have the luxury of that choice. Some of us can't move for work due to family issues... — read more
What’s the global total percentage?
I was just reading IKN message again and it stated “These changes will have a direct impact on our global workforce, including less than 1% of our U.S. workforce”. I take this to mean there is a much greater impact outside of the U.S. I’m just... — read more
Will everybody just stop whining?!?!?
Layoffs happen!!! Its not some big conspiracy against you personally. Every company goes through cost cutting from time to time and PepsoCo is no different. Im so tired of these woe is me posts on here. Put on your big boy pants and move on! PepsiCo... — read more
Is the field impacted?
Anyone have any insight as to whether field locations will be impacted? Everything I have heard so far has been primarily corporate offices.
Is US finally safe?
Are we finally safe? Any chance that today's layoffs will take place strictly in Europe? After two days we've just had I think we deserve to be spared. I'm not sure I can take much more of this, to be completely honest. I'm in my late forties and I... — read more