Thread regarding PepsiCo Inc. (Pepsi) layoffs

Q3 Results

Layoffs will be strategic and calculated to coincide with quarterly results. Poor results creates justification to “restructure”. The current unofficial hiring freeze will help with some of that.

Rumors about R&D, on prior post, are mostly accurate.

The post on Elliot involvement is mostly accurate as well.

Post on 9/20 layoffs is not accurate.

Post on salaries is mostly accurate and gives good perspective

Post on smiles week is the best thing i have read all year.

Post on FIFA spend, not sure but that’s a lot of money wasted if Q3 earnings are bad. (And they won’t hold the decision makers on that accountable)

See you in the welfare line friends!


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| 1 view | | 9 replies (last 15 hours ago) | Reply
Post ID: @OP+1m35s2wgd

9 replies (most recent on top)

@hz how. Do you reach the board audit committee? Speak up is useless they back the company and don’t. Are about ethics

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Post ID: @j3+1m35s2wgd

@hy

Maybe every trip is legitimate and within policy. But shareholders deserve to know that someone is checking. If you share the concern, PepsiCo's Speak Up line and the Board's Audit Committee both exist for exactly this kind of review.

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Post ID: @hz+1m35s2wgd

Texas is failing worse than it ever has, and it's no mystery why. The Market Director lives in Oklahoma. The VP lives in New Hampshire and Florida. You can't lead a market you don't live in.

And the executive over all of it seems more focused on personal travel aboard the company jet than on the business. Why does someone who oversees two states need a private jet?

Hopefully someone brings this to the board and asks for a review of how that aircraft is being used.

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Post ID: @hy+1m35s2wgd

We spent over $75k/year to send Kyle Faulconer and his husband to the Super Bowl while he was CEO of Pepsi Australia and New Zealand.

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Post ID: @hm+1m35s2wgd

Exactly- Ramon’s wife flies with him to events on the corporate jet.

But if I tried to get an economy flight for my husband to fly with me to Bentonville with me for a sales meeting I would be laughed out of the room.

But executives taking spouses, girlfriends and kids to events on the company dime is ok?

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Post ID: @ew+1m35s2wgd

I hate this but I have company expenses that I pay on my own because I don’t want the hassle. The company has a revenue of $99 billion annually and I am intimidated into buying their stuff for them. Sad.

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Post ID: @e8+1m35s2wgd

I was told by my director of retail I could not spend money on a customer.

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Post ID: @dc+1m35s2wgd

I feel like my expense report is going to get rejected if I take a customer out for a chicken wing. These fools are running around spending money like water.

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Post ID: @cq+1m35s2wgd

FIFA spend - yeah, Q3 will prove how horrible a spend that was. But our European overlords got to go to soccer games and won’t be held accountable for the bad results.

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Post ID: @ah+1m35s2wgd

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