(A) Are we done with cuts
(B) Is it bigger than we all anticipate
(C) Future cutting plans
(D) Current & Future targets
(E) Movements at the top
(F) Reorgs (potential)
(G) What else?
9 replies (most recent on top)
As long as Coke continues to grow and we continue to decline, we will be in this unhealthy cycle of the unknown. In the meantime, they will lose good people that simply can’t afford to speculate their futures with lives to sustain. The changes will be far bigger than we imagine.
@a2 Spot on take.
There is no way cutting 1000 positions is it.
Just get this over with- get the restructure or spinoffs done so we can get back to a selling focused culture.
Don't waste your precious time speculating about the future of a d-y-i-n-g company. Get out and find your next gig, forget PEP. The people being canned are the lucky ones, might seem hard to accept that now, but they are.
My leadership goes to meetings and makes comments off the cuff. I have to prepare a full separate presentation for them to look at pre-meeting. This separate formal presentation is subsequently picked over so the leader can contribute something and often has no benefit to the customer.
If there is an issue or problem they point you to whoever. The problems are organizational problems though and they actually should be correcting. Instead they want PowerPoints to make them feel important and go to meetings to socialize. They’ll press you to get 9 months work done in 9 days and more PowerPoints along the way. Anyone could do these jobs, there are very few insightful leaders around.
@OP The Indra (Ramon/Ram) philosophy is squeeze all the productivity and cash from a company by one size fits all centralization of as much as possible. then offshore it to cheaper countries. The result is an organization out of touch with the point of action, tied up in red tape and losing in the marketplace. This will continue, ad nauseum, until we have a true crash. It's the "economies of scale" b.s. thinking coming out of ivy league business schools. It's all these id--ts know. They have never done, nor understand, what it is to lead people as individuals. They see it as a simple math proposition that they understand but clearly don't. Their decisions will just speed us all to a collapse that will force a leadership change and probably a company break up.
I am an ex-Plano marketing guy who made the escape 6 months ago … while I never wish pain on people, there’s a lot of people in marketing/advertising/PR roles across all levels that need a check of reality and a view of the door (admittedly I sure as F did … and then I went on a route ride and saw who is really PEP&FLNA’s backbone). Changed my whole mindset …
Anyways. Many of those people have been to the Super Bowl for a decade straight, havent worked a full 8-5 workday in years, make more money than God, and are held to no measures of business impact. SO PLEASE … if you hear of any news on that front, humor me!!! Especially brand marketing and the comms/pr org!
@a2 Going to SAP global template sunk this company . If you know you know.
(A) = No. This is a permanent feature of corporate America. There is little job security outside government and union jobs, and even those are under pressure. You can argue it's good for the "economy" and that individuals should just "figure it out," but the psychological toll is enormous. You, your spouse, your siblings, your friends, everyone lives with the same insecurity. The result is a deeply unhappy society where millions see little benefit from a "strong economy" but bear all the burden of surviving in it. That's a major reason those in power keep getting punished, regardless of ideology. People are insecure, exhausted, and angry.