Thread regarding PepsiCo Inc. (Pepsi) layoffs

Severance Packages?!

It may be a well-duh! moment for most others, but I just found out...

Our severances were already paid by PepsiCo to the outsourcing companies at the time that the outsourcing contracts were signed. Pepsi was the one that requested the 80% reduction in staff so they knew we would be cut, and HCL, Cognizant and BT are their hitmen.

Now most outsourcing companies will dangle that severance package in front of your face so that you’ll be compliant as you’re training your bargain-basement replacements. Except with us they only dangled the fact that we would still have a job "for 2 years". And we’ve been such good little Stepford employees, hoping and believing that we’re going to have jobs at the end of our sentence.

Already they've having us find other positions. Temp work that teenagers can do. When HCL people had no work left to do they were forced to come in for 1 hour per day and sit quietly until they left by their own choice.

Please note: The severance packages that they told us about are only valid up until our 2 year anniversary date, after which they become BONUSES TO THE OUTSOURCING COMPANIES!!!

Neither Pepsi nor their offshoring companies ever had any intention of keeping us, but they are KEEPING OUR SEVERANCE PACKAGES...along with our self respect.

Nice going, Indra. Is this how you treat your “cherished family”?

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| 6421 views | | 1 reply (February 14, 2018) | Reply
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Ah the joy of PBSG, then GTA, then BIS and now (the most laughable iteration of Pepsi's information systems group) simply known as PepsiCo IT. What a joke! The previous post was right HCL, BT and the other Indian-staffed outsourcing IT group, Cognizant have the crappiest customer service practices and the worst Service Levels that you can imagine. Yep, Pepsi, you got exactly what you paid for! You paid low dollars to outsource good, knowledgeable people who bought and believed in the products their company produced, and now "the business" is suffering because the IT infrastructure is crap, the applications old and unsupported (because the developers and project leaders were sacked years ago) and now no one in the offshore support team knows how to fix any of it.

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