Thread regarding PepsiCo Inc. (Pepsi) layoffs

Why is it ok for Pepsi's senior management to still take their bonuses while firing 1000 employees???

Seems to me they’re not making money by developing new brands or coming up with any creative thinking they’re actually making money by illuminating jobs.

So I hope the board and 4/3 are happy but you are really indecent greedy repugnant people. I saw a post that said get young blood. It may be time for a new CEO but getting rid of the old blood actually removes the last of the most loyal crowd. We never even wore red out if respect for Pepsi.

Pay harmonization destroyed most loyalty to PEPSICO. I know I stopped insisting that family members but PEPSICO products. Very sad day for what was once a great company. Roger Enrico’s generosity and kindness to the people who are actually doing the work left with him when he left. Just not the same company

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| 1921 views | | 3 replies (last February 22, 2018) | Reply
Post ID: @OP+RP8csJk

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I got caught up in a big layoff at Frito in 2005. Only reason they had layoffs was so that Irene Rosefeld could show Wall St. that she could make "hard decisions", six months later she bolted back to Kraft and Frito replaced all the positions, but with younger and cheaper individuals. As a result, they had a number of embarrassing snafus on key projects because they let all the experts go.

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Post ID: @2hwm+RP8csJk

The CXX's are hired and bonused to make companies more profitable. Outsourcing and layoffs do just that. Cut overhead. Don't want to be subject to it? Find a ma and pa operation. People have said PepsiCo is behind the times and they are. Most corps have gone through this already. Although I was not laid off this round I do anticipated it and certainly planning on it. My desk is cleaned out and I'm waiting.

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Post ID: @1edp+RP8csJk

Believe it or not Indra is bonused for doing exactly that. Layoffs equal more money for her

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Post ID: @mht+RP8csJk

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