Thread regarding PepsiCo Inc. (Pepsi) layoffs

Meanwhile 45 new hires are here at FLHQ today for Orientation

Good luck to them...I doubt they will stay more than 2 years, if they are smart they won’t

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| 2231 views | | 10 replies (last February 13, 2018) | Reply
Post ID: @OP+RHRehzH

10 replies (most recent on top)

JT did not get paid for the super bowl other than his travel and accommodations

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Post ID: @1adg+RHRehzH

Meanwhile my boy JT scored millions at the Super Bowl - HAHAHAHAHAHAH, S&CKERS!

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Post ID: @1egy+RHRehzH

no you don't, be prepared ! In 1990, Congress passed the Older Workers Benefit Protection Act (OWBPA) which amended the Age Discrimination in Employment Act (ADEA) to safeguard older workers' employee benefits from age discrimination.

If you are at least 40 years old, a federal age discrimination law—the Older Workers Benefit Protection Act (OWBPA)—requires your employer to give you at least 21 days to consider the severance package. (You are entitled to 45 days if the deal is part of an early retirement incentive program.) If your employer doesn't give you enough time, your waiver of any age discrimination claim is not valid, and you could still sue your employer.

Your employer can't withdraw its offer of severance during the waiting period. And, you don't have to wait the full 21 (or 45) days; you can sign the agreement earlier, if you wish.

Under the OWBPA, your employer must also give you seven days after signing to change your mind and "revoke" your acceptance of the severance offer. This seven-day period is required by law; neither you nor your employer can waive it. Because of this, you probably won't receive your severance check until at least seven days after you accept the deal.

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Post ID: @rfa+RHRehzH

Except they make you sign away your right to sue in order to get the severance.

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Post ID: @igx+RHRehzH

sounds like a possible age-discrimination scenario forming up....

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Post ID: @hxx+RHRehzH

+45 Monday, -15% Tuesday.

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Post ID: @uwf+RHRehzH

welcome aboard the Titanic s---ers !

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Post ID: @qnw+RHRehzH

Imagine what’s going through their minds and how their perspective on PepsiCo will change. They’re about to see lots of people walked out and will hear the unvarnished truth from the people lucky enough to survive this time around.

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Post ID: @pny+RHRehzH

Probably the dregs that couldn’t get a job at any other company, so they came here

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Post ID: @tyj+RHRehzH

I’m sure most of them are millennial. From what I’ve heard, first hand from some, they are taught to only stay with a company for a couple of years.

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Post ID: @ywd+RHRehzH

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