Lots of us just waiting around to see what happens....
We deserve this
In reading all these threads, it makes me realize that we as a company deserve this. On one hand we have people screaming “sue!” And “unions!” And “call the press!”. How about you get off your a-- and add value to the company? On the other hand you... — read more
Things may not be as bad as we think!
Don't want to get hopes is but I did hear today from a good source in New York that it may not be as bad as we have heard due to the tax breaks. Hope this is the case. Please remember, we are all very talented people who work much harder than people... — read more
Week of Feb 12th
As I have heard it; (all hear say) -Pepsi reported large layoffs to Hudson Valley Labor Dept in Dec. As required by law. As to not flood unemployment offices and leave them unprepared. -HR has 2 Conf rooms booked in 1111 for that week. -1129 will be... — read more
Simple Explanation
I know we are told the economy is "Booming" and "On Fire!" and yet Pepsi and soooo many other companies are laying people off, lots and lots of people. Just check "Latest Posts" on this site for proof. So, how can there be all these layoffs if the... — read more
Feb 13 and 14 for FLHQ
Definitely going down on Feb 13/14 at FLHQ. Like everyone else I’ve heard 10%, but I know some groups have been not filling roles in anticipation of it, and I think those count toward overall reduction. Dunno of its 10% heads or 10% dollars. Guess is... — read more
The Pepsi Paradox
Such a sad time in PepsiCo’s history. Economy is roaring, corporate tax rate has been slashed and PepsiCo is laying people off. I don’t get it. So tired of all the years of layoffs. We’ve dealt with the nonsense for way too many years. Please... — read more
1111/1129 layoffs going to be ugly...get a lawyer!!
Ageism and racism. You watch. Especially old PBG people. Being black is not diverse enough. I lot of personal vendettas will play out. Favoritism is running rampant. So many "people on the move" notices. Those are the special ones being moved out of... — read more
Our reality
Other companies giving bonuses we are losing our people. Trust that senior level will keep their perks while the workers get screwed (nothing new here though - it's an old story). We made it through the normal and fairly regular November/December... — read more
10% layoffs on business and 5% on IT
Post earnings call on Feb 13th is when the layoffs would start. In US, rumor has 10% layoffs on business functions across bots and 5% on IT.
St Valentines Day Massacre for Plano
Get ready for the St Valentine Days massacre, hearing that the layoffs will be over several days during the week of Feb 13th. Indra will be using the machine gun this time, not Al Capone.
More info on incoming layoffs
The IT Sustain organization is going to managed services. IT Ops will be reshuffled and headcount will be shifted to Poland. Services will be consolidated to strategic providers. Not sure what will happen with InfoSec, but they already have an obese... — read more
February 13 Pepsi Co. layoffs
I also heard Feb.13 to be the date. In competent senior management throughput PepsiCo. Read this in another thread and thought to bump it up since I heard the same thing from a few people last week. This seems to truly be the date next layoffs will... — read more
Executive Car Program Saved???
Other companies give $$$$ to low level employees, while PEP just decided to NOT make cuts to executive car program...Indra always penny pinching, but luckily with Trumps tax changes the elite will keep their Corp cars that they only utilize for... — read more
NOT A HAPPY PLACE TO WORK
GET RID OF INDRA AND HER CREW....HORRIBLE PEOPLE. Do you know they don't even say hello or acknowledge "workers"? It's all crap and PR that employees love her...most high level executives are to important to even know employees. I miss the old PBG... — read more
February Layoffs
Here we go again folks. Just received notice that the February layoffs are a go. Have not heard a final date or levels to be impacted. Just February. Info source is solid. I hate to say it but we should all brace ourselves and prepare for a bumpy... — read more
Where's Pepsico ?
$167B company and they don't even offer a 401K match, what a joke... “Some 40 U.S. companies have responded to President Trump’s tax cut and reform victory in Congress last year by handing out bonuses up to $2,000, increases in 401k matches and... — read more
New Bonuses? HA!
Since the GOP tax plan has passed, all these companies have announced bonuses for ALL employees. What about PEP? Of course that would never happen!!! Bring that massive pile of cash from overseas Indra, I bet you'll use the repatriation tax holiday... — read more
Layoffs moved for Q1
heard that the Nov layoffs were pushed out to Q1 because New York changed their plans at the last minute, so HR is frantically redoing the packages. Some people will get a package and others won't based on some criteria. Those that get a package, it... — read more
In the News - Nov 22 2017
something is definitely going on, this combined with the rampant lay-off/restructure rumors...get ready and be prepared "So Pepsi could be Kraft Heinz's next target. But the thought of Buffett switching teams, so to speak, and backing a Kraft Heinz... — read more
Pepsico Layoffs November 20th
Everyone has been saying the 20th, that date doesn't make sense, HQ will be empty that week with all the holiday traveling. Other date mentioned is next week the 14th ? Others say it will happen in Jan and Feb, so who knows. Also heard it will be big... — read more
Movement
Already seeing a lot of changes in the banded population over the course of the last week. More to come next week, as I understand it. Everyone watch your back.
Gatorade plant
I am retired from the Gatorade plant and they lay off to do maintenance on their machines usually in the Fall. You can sign up to do maintenance with the maintenance department or get laid off. They also would love to lay off more people and use... — read more
Why is Pepsico not promoting from within?
Our plant brings in hired grads from college.. lead guys have to train them how to do there job.. 18 months there gone... why not promote within and give employees something to look forward to.. not just get passed up by a 25 year old because they... — read more
Call Backs
They're always having layoffs because of the decrease in demand. However, you need to understand that things are not as bad as they may seem on the surface - they always call their employees back well for the Quaker site it is like that I do believe... — read more
What's with the exodus of people?
Anybody else notice how many people have left Pepsico lately on their own, not due to layoffs? And I am talking about all levels, including management. What's going on? It's a little bit scary to see it happen, kind of looks like they are leaving the... — read more
Performance pay system is a fraud
I'm sick and tired of the new performance pay system for RSR. They wave bonuses in front of our noses then set up basically unattainable goals so there isn't even a small chance to get even the same pay we used to get before the new system was... — read more
Going to on a limb here but seems that the rumored layoffs are business centric
Focus perhaps on FLNA based on the posts here on this page but as for IT - only thing that people are confirming is that open positions are not being filled (but then again there is a hiring freeze) - no one is saying that they have heard any layoffs... — read more
Focus in Plano is the stupid United Way campaign
Meanwhile the big focus in Plano is the stupid United Way campaign, managers harassing people, who are going to be laid off very shortly, to click the contribution link, not because they actually care about anyone, but so the managers can “check the... — read more
Workload
If they are cutting as many people that are rumored, can you imagine what the workload is going to be like for those that are left?
Incoming layoffs will be big
Started with 10% but looks like much bigger. 70 rule applies and maybe under 3. All speculation at this point. Bumped from @PLPfDZr-9krr for info. If anybody can add to this, please do.
Insider's Dumping Shares Like Crazy The Past 6 Months
Lol what do they know that we don't? NOOYI INDRA K Officer Sale at $116.50 per share. Direct 13,092,386 Jul 24, 2017 112,381 NOOYI INDRA K Officer Sale at $116.42 per share. Direct 39,635,072 Jul 23, 2017 340,449 LAGUARTA RAMON Officer Sale at... — read more
Bonuses
Anyone know if they bridge your bonus when they lay you off? Ie they pop you at the end of November, are you just out of luck on your March bonus? My gut says yeah, but don’t know for sure.
Hearing Nov 20th is the day in Plano
also heard if you are over 55 no severance, if you got below a 3 on PDR you are in trouble
Pepsico Reorganization
How often do we really have to do this - it's nuts.
How much responsibility lies with Indra Nooyi?
I'd say a lot, but who am I to judge, right? Sales meltdown continues, if this was me I'd be fired. https://www.bevnet.com/news/2017/pepsico-sees-beverage-sales-slip-q3
Pepsi Layoffs 2018
Is it really true that we may have job cuts in Purchase.