Spend some time reading "Latest Posts" and you will discover that an almost identical scenario is playing out at corporations everywhere. Management and environment turned toxic. high stress seemingly done on purpose, etc, etc.
And of course layoffs, lots and lots of layoffs.
This isn't about Pepsi, it's much, much bigger than that,
And the recent stock market crashing. I agree with the OP bigger than PEP, the owners have something up their sleeve. Fed is increasing interest rates which will cut the rot from the years of QE where billions of inflated dollars were pumped into the economy boosting stock prices to unprecedented levels. This correction has just started. Of course the fall guy if the economy goes into free-fall will be DT.
Lots of instability on the geopolitical stage, overpopulation, and basic resources running out, may be a rough ride upcoming.
But those idiots (like Indra Nooyi) who helped usher in this mess, remember not all the initiated are enlightened and those things you were promised will not come to fruition.
God Bless all.