This year has been really quiet on the subject of layoffs so far, which is for some reason making me even more nervous.
Do we have any idea on when we can expect an announcement from PepsiCo management on more cuts? I'm pretty sure they are coming, so just sitting and waiting without knowing anything is really unnerving.
Any idea which regional field offices will be left standing? Thanks everyone for chiming in and sharing anything you know or have heard.
I've heard from very credible sources that a reorg is coming, likely after Superbowl. Got to make sure we have enough people to push through Superbowl then the ax will fall. Been told to avoid major project action items 2x2-3x1. Good luck everyone! Sad this seems to be happening every year.
Large PBC field realignment is coming soon. IT next week. Yes, it is happening again. But, for my soda stream. Bonus?
I’m hearing that PBC goes to 4 Regions. Similar structure to how it was when we were PBG. The lease is up on the south region office building.
Haven’t heard of terminations but have heard PBC region offices closing and moving. Plano to Chicago (I think), Denver closing, Detroit?, Mid Atlantic. White Plains to Purchase.
@ecq..I am hearing 8 US regions going 4 or 5.
Has anyone heard anything about PBC region office terminations coming? Sales? Marketing? Finance?
Parkwood - HR has rooms next week. Tues - Thurs.
Bfox
Happy you are doing better and thank you for sharing your experience
It is a process as my friends let go in Feb had similar experiences
All doing better now but it took a few months
Best yo you
I left on my own terms a few years ago and it was best thing I ever did. It was a tough decision but living/working with that fear that every year was your last year at a company you used to love was no way to go through life. I miss the people but I do not miss the company. Good luck to everyone and remember, there are other options out there.
I got laid off last year (Feb 14, 2018) and I can give you some of my feelings and experiences all along.
I got a call on 2/14 morning that I was gone, by end of the day my access to the network was terminated, they gave me entire day to copy files etc to my personal hard drive. 1st day after layoff was not so bad, we had company, many of my colleagues were laid off and we kept talking to each other to keep our chin up. But 1st night, I could not sleep in disbelief. After a week, I started having depression. I started preparing my resume and then apply. 2nd week I was more disappointed since there was no dream job offer knocking on my door. Finally, after talking to many many recruiters I found a contract role after 3 months, I had significantly lowered my expectations and was at least happy to find something. The first day on the new job was a mixed feeling, I had to prove from scratch whereas in Pepsi I was a 14 yr pro commanding respect from everywhere. 3 months into my job I deliver my first deliverable which was a personal victory, people around me finally knew that I was not a scum bag or fake. I'm into 6 months now and things have stabilized a bit. I still worry about the future.
What I miss: All my colleagues at work. My reputation and influence to get the job done. The office building. Old memories. My good paycheck (I took a pay cut in my current role)
What I don't miss: My current workplace is much more stable and so I don't miss that sword hanging over my head every February. I know in a few years I'm going to be at a better spot in terms of respect, money and work friendship.
Advise: Prepare your resume and update your Linkedin profile. Take some training like Agile, Java certifications, AWS certifications etc, if you are in IT, field. Look for the next company that is doing good in terms of revenue and growth. Problem with Pepsi is like working in a newspaper print industry, it is dying. Go to Technology, Healthcare or Defense sector that has a good future. You are looking for stability. Save money and don't spend unnecessarily, what gives you strength and comfort is when you have weeks and months of emergency savings. Keep yourself busy into something, idle mind is a trap for depression.
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It is going to be bad. Here is the door, oh and here is your soda stream machine on the way out. IT is going to get hit again. Eventually all of IT will be outsourced just as Shauna tried to do years ago.
Can confirm GTM statement. Sounding like large M&A around corner. “The purge” is here. Units that overlap, looking at you IT - sorry, will be seeing some big changes...
PBC will be laying off admin in the Field that work on the Fleet business.
It is not the Gatorade building in Chicago
It is Chicago Plaza and has numerous teams
Lease renewed to Jan 2021
Found this. https://www.fooddive.com/news/now-that-nooyi-is-no-longer-ceo-will-pepsico-break-up/538958/
Hearing Feb 14, 2019 is the day.
And that Pepsico paid off the bottling debt. So we will see if that means bottling will be desolved or split.
Not sure that is true though.
I have been hearing from people with some knowledge that if you are in a building that requires a significant amount of capital to operate, you don’t have a direct hand in GTM, get your resume ready.
R&D - FL and beverages
IT
NAN
Gatorade building Chicago
HQ roles that manage strategy
Region offices
Responsibility will continue to get layered into GTM
Gman
it's coming...MYR!
Just heard from a reliable source Feb 11-13.
Everyone I know that got canned in last years m---acre have all landed in better places and they are much happier. Leaving a toxic environment like Pepsico could be the best thing that ever happened to you, and after the layoffs, it's only going to get more toxic.
It’s a truly toxic way to survive everyday just waiting to get canned
They (HR) are reserving conference rooms in white plains (February)
Another St Valentines day m---acre is my guess
Management will never announce it until the actual day it happens.
Reading other posts on this site I gather February (as always).