The next step will be to offer long term employees a severance package to leave. They will have to sign off so they can not sue. If they don't take it many of them will get caught in the reorganization process with much younger people being hired to do a lot of what they do, and the remaining long term employees left with lousy assignments. This is just my theory. I started at Pepsi in 1975 right out of high school loading trucks. Over 35 years I worked my way up to a nice position. In 2010 I was severanced out. I was gone for 4 years and went back again at the bottom. I know they have no interest in moving up an old guy like me, but I got my time back, and hope to retire from there. I feel bad for those who lose their jobs. Especially those, like me who were lifers, and had the rug pulled out from under them.
It's stories like these that really make me mad. Treating workers who have spent their entire lives making this company better is quite frankly despicable. I'm guaranteeing you this will come back to bite them in the a--.