Other companies are giving out bonuses and increasing benefits, like the matching 401K...and then there is Pepsico, giving out pink slips....
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Of course, current financials and performance are related to this action. Indra is a stalwart believer in pleasing the street and meeting shareholder expectations. We’ve routinely taken excess cash from productivity in the past and either increased dividends or bought back stock just to move the stock price up. This time she needs to do it to offset bad NA beverage decisions and bad investments elsewhere - remember her scolding Al Carey in a town hall mtg for losing focus on the core? She’s
My understanding is that this current action is not impacting the field and is concentrated at corporate and the "professional" functions, not the front line.
But......lady Doritos!!!!!
The reality is this action has nothing to do with current performance, or financials even. It has more to do with setting the org up in the senior leaderships “vision”, whatever that’ll be. Could be good, could be s---y, I have no idea. If they would clear out the dead wood as we went along, would be less need for these big actions. Reality is most the folks that are impacted at HQ either 1) want to be impacted to get a package, or 2) probably have sh--ty performance. The field is where we’ll lose good people because there’s fewer options to move them around if this is indeed a big reorganization.
calm down buddy so you don't fall off your tricycle, if you get hurt you won't be able to add value...
I hope you don't get Frito Layed-Off ....
It's because of dips like you who provide no value. Tell us something we don't know on this forum.
Gotta get me some Lady Doritos tho!
Fire Indra!!! She has overstayed her welcome and is not doing a good job