If true, who is the deep throat? I encourage everyone who hears a rumor to contact the speak up line and report who said what, when and where.
Only HR and VP+ are likely under the tent. If roles were reversed there would be no mercy cast on you.
21 replies (most recent on top)
@g6 please share the targeted groups. All this non transparency is ridiculous
@gs bonus is already calculated in the budget to start the year. We won’t hit numbers so they will bank a portion of it anyways. From a financial pov- it is essentially a sunk cost from their way of thinking
@g6 but then people would get their bonus if they stay until the new year so that doesn't track
@g6 are they planning on frontline sales rep layoffs ? Currently a Tsr
@op. What you stated is a rumor and inaccurate
Leadership was directed to reduce headcount last month and takes to finalize by the 2nd week in December. Those plans will be executed the third week of January through 2nd week of February.
That allows to save some roles as people leave for their own free accord.
Some sectors are at 4% reduction and some are at 11%.
That is the actual truth.
@bh heard the same. Last week of October. Been extremely quiet which is usually the calm before the storm
@bb couldn’t agree more. The schmucks who do the Wharton program then post on LinkedIn about this stupid achievement. None of them would post about true results they deliver cuz they haven’t done sh. All byproducts of same sh** leadership
@bb i think about all the qualified USA (former S&T) employees who could have propelled this transformation.
@bh that’s not true.
It’s not in November it’s BY November 1st.
Not first week of November….will be completed by first week of November. 100%.
I could see why they would not want to share reorg information. It’s embarrassing how often this has been done and the results are terrible. It’s a criticism from the market. So much has been spent to end up with negative results.
Several Sr. Directors, Vice Presidents and above in S&T including a few who add zero real value have gone through or is being sent to a company-sponsored Wharton digital transformation program in the US. This includes folks based out Europe, India, China, Mexico, Brazil and several other places.
Makes you wonder what this is costing the company and what return we actually get from it. For everyone lower in the hierarchy, we're just pawns, while the ivory tower gets to enjoy on the company's dime, paid vacation, leadership development et all. Pretty shameless way to spend company money.
Protecting PepsiCo Information. This is the primary hook. The Code has a dedicated "Protecting PepsiCo Information" section. Unannounced reorg plans count as confidential: org charts, role eliminations, timing, and who's affected. Sharing them with anyone who doesn't need to know is a violation, inside the company or outside it. That includes peers, direct reports, bottlers, customers, recruiters, and the press.
Why would someone be worried about the workforce reporting violations. Report what you hear folks.
Pretty ignorant comment.
Not the first week.
Ok, Ram
Why on earth would be asking people who hear rumors to call Speak Up? Are we for real?
Any retaliation to whistleblowers would be up to and including termination.
As stated many times previous. These vps if exposed would go under BOD review.
Protect our company ya’all.