I was laid off a while ago, but it was clear at the time that the only thing PepsiCo management knew how to do to boost results was to cut costs (which 99% of the time meant layoffs). I just wanted to stop by once again to see how that strategy is working out for them.
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I got replaced by some dude from India in 2019 and he left 6 months later because they were paid garbage wages. As with all the hired hands from offshore, they get the training and book. No loyalty at all.. I wonder why.... I bet that's playing havoc with the so-called savings. M0róns.
They haven't (at least based on last quarter's results). I was let go in the last wave, so I no longer know from the inside.
Management also knows how to raise prices, but the market won't bear those now, so they are losing volume in both food and beverage.
Nope. Gotta cut more.