King Ramon and Queen A. are the devils at PepsiCo. Just heard from a couple of people who are on the inside of the S&T transformation that new outsourcing projects have been initiated oo move more operations to our suppliers.
Employees will probably be rebadged for 6-12 mos before they're replaced with someone offshore.
They're trying to make it happen by the end of the year. This will be considered as part of the EOY layoff numbers.