Come on people, somebody must know something! Please share!
Nothing before Thursday
Did I get this right? There will be no notifications before Thursday?
And so it begins...
Good luck everyone!
this needs to be over
any chance we can sue pepsico for the emotional distress they are causing us by making us wait like this? do they really think that anybody is actually productive right now? people are stressing and worrying about their future, no way majority is... — read more
Anything happening?
Has it started? Any info?
Do we still get health insurance?
What happens to our health insurance if we are laid off? Does it go away immediately or do we have at least some kind of coverage for at least a while? Frankly, this is one of the things that scares me the most, as I can't afford to lose my coverage... — read more
Estimated number of incoming layoffs
Based on her comments, 115000 US employees, 1% terminated is little over 1150 folks. Focus is on corporate positions. So about 1000 employees will be terminated. 700-900 from corporate positions. Estimate was posted in another thread by @RImR5ZH-mdn... — read more
Only article so far that does not sugar-coat it
It also mentions layoffs. PepsiCo Inc. guarterly sales were flat, hurt by falling demand in North America for its beverages, but the company said it had ramped up cost-cutting efforts to protect its bottom line... — read more
Layoffs today
10 million dollars for a Super Bowl halftime show and now layoffs. Think priorities need some readjusting
So, we put up strong numbers and still get layoffs?
Not that I was really expecting that any scenario would lead to a complete reversal of the layoffs decision, but this certainly adds salt to the wound. Somehow it's easier to accept layoffs when the company is doing lousily as opposed to when it's... — read more
Anyone believe the 1% number in US
And interesting nothing about Global workforce reduction number
STAY STRONG TODAY
As we head to work today in NY we all have the same unnerving feeling in the pit of our stomachs. "Is it me?" God bless all of us today! Stay strong
Indra´s speech
Indra sent this message a couple of minutes ago: We are continually looking at our workforce as we delayer the organization and grow more productive as a company. This year is no different, and we’ve had to make the difficult decision to eliminate... — read more
One more sleepless night
At least today it should finally be over and I should be able to get a good night's sleep, whichever way it goes for me. I have spent the past two weeks stress eating myself throughout the night to an extra 10 pounds. I can't believe that's what... — read more
Good luck!
Good luck everyone! I hope you each get what you wish for, whether it's remaining at Pepsi or getting a package.
Today is the day - keep us updated HERE
This thread must be uses to keep people updated about what really happened from now on. This cannot be used to guess what is going to happen (if you want to guess, you can use the other threads. Lets share our experience here.
Indra Nooyi on her way out
The International Cricket Council (ICC) today announced that PepsiCo Chairman and CEO Indra Nooyi has been appointed to the ICC Board as the organization’s first independent female director. Mrs. Nooyi will join the Board in June 2018 to align with... — read more
I'd like to buy the world a Coke...
I'd like to teach the world to sing In perfect harmony I'd like to buy the world a Coke And keep it company That's the real thing
Chill out people
Reading some of these posts and listening to hallway conversations. A lot of people need to relax. There are way too many new hirers coming in. Just chill people and drink a Pepsi.
How do they do it (layoffs)? A phone call? Meeting with HR?
Please chime in - how does the actual act of communicating that you've been laid off happen? Do they call you in a conference room? Who is there? What do they tell you? How long does it take. I am a fairly anxious person and knowing things in advance... — read more
To the person/people trolling this board...
Keep it up! Some of your sh-- is hilarious. I personally like this one... "The cotton fields have been swapped to fields of drone keyboard clickers on large dual screens." Lol, Pepsico to a motherfuckin T!!
Give Indra some credit!
Why are people bein so hard on our leadership. These are hard decisions to make and there is no right way to handle such a difficult situation for them so maybe we should cut them some slack y'all.
Sit on your hands, don't let them coerce you to sign anything ! Take your time !
In 1990, Congress passed the Older Workers Benefit Protection Act (OWBPA) which amended the Age Discrimination in Employment Act (ADEA) to safeguard older workers' employee benefits from age discrimination. If you are at least 40 years old, a federal... — read more
Who is excited...
For Indra to speak tomorrow? Who thinks she won’t make one mention of the layoff tomorrow morning but only set the stage for how the economy has caused us to struggle?
It’s no coincidence this is going down on Fat Tuesday
I have heard from good sources that HR will be leaving Mardi Gras king cakes in all the break rooms tomorrow in Plano, NY, and Chicago. If you get the baby, you’ll immediately be ushered into a conference room and given a termination letter. Could... — read more
It happens, but...
These things happen at all companies but the toxic environment at PepsiCo (big thanks to our stellar CEO on this one) has seen managers stick up for their friends and punish workers who continuously out performed their co-workers and make their mates... — read more
Barrington, IL layoffs?
Anyone heard anything about this location? How about Chicago?
Things you learn when you lose your job
Thought this was a really good article people should read ahead of tomorrow. Being laid off is not the end of it all and it's good to be reminded of that sometimes... — read more
What's going on???
Can somebody PLEASE tell us what's going on? This whole "yes it started, no it hasn't" is driving me insane.
nothing has started
we'd know by now if it had started. why in the world would you lie about something like this?
Anybody actually hoping they are on the list?
I know these are a few horrible days for a lot of people and I truly don't mean to make light of it, but I would personally be happy to be cut in this round. Actually, if there was an option previously for me to indicate that to somebody in charge I... — read more
Can we get some details, please?
We are hearing absolutely nothing so far here on layoffs. Has it really started or are people just trolling (which is especially a low thing to do right now, considering we are all already stressed out and on the edge?) Can we get some details... — read more
Anybody knows what's the bases for the layoffs?
Are they using performance as the deciding factor or will it focus more on getting rid of those who have higher pay? We have a few people who should have been shown the door a long time ago, and if they are on the list to be laid off, I will be very... — read more
It’s happening
Just got my call, severance package s---s.