What is the likelihood of Pepsi layoffs in Purchase in 2016? Please let me know if you have any information.
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Heard Frito-Lay is cutting jobs this month. Dec. 2016
Coginizants acquisition of the PepsiCo in Winston-Salem was 518 employees
Doubt Cognizant needs all these extra people on their payroll and have to pay benefits etc. so its a safe bet the ex-PEP people will be rolled off w/out severance. Pretty soon entire company will be run by Cognizant, just a matter of time.
Around 500 employees are not working for PepsiCo Winston Salem NC Call Center anymore just with one week notice now they are working for Cognizant....
Will Cognizant layoff all this people?? without the severance package that Pepsico would have to paid??
150 total or 150 just in the NY locations?
I heard roughly 20 impacted in WS, NC.
150
150
How many people are affected this week??
Yes, layoffs, and offers of demotions or your out, started yesterday at about 3PM, and will continue throughout the week in Purchase, Somers, and White Plains.
PepsiCo purchase had layoffs 11/10/2015
If you're looking at it from an IT perspective, Pepsi has already cut most of their employees by telling them that the next day they come in, they work for Cognizant, not for Pepsi. Pepsi has absolved itself of responsibility; now when people are terminated, they can say it was Cognizant, not Pepsi, that let them go. In that way, management's move to an outsourced model is already done. Pepsi will tell Cognizant that they no longer need this employee here, that employee there, so that there will never be news, in IT at least, that there are any sizable layoffs. They've done it all very neatly.Over time, most of them will be gone from Pepsi. Cognizant may provide them with jobs somewhere else, but with Pepsi's ability to keep people in the same job for years where their skills gradually erode and become unmarketable is well known. Therefore, if you're in IT, you should be getting out of there as quickly as you can before Cognizant tells you that you aren't needed anymore - without the severance package that Pepsi would have paid, if you had been laid off years ago.
Hearing rumors of cuts next week