It's happening very soon everywhere, every level, every location. We are f@cked. Q3 results this week, we will look good on Wall Street. Then they coming looking for heads to make Q4. It's so disgraceful that Wall Street does not dig deeper into IKN and the practices in place to hit those numbers. We do so much out of compliance to make numbers...Finance runs Pepsi, not the folks who know the business.
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In reply to the Post of an outstanding business model. If it was outstanding there would be no need for layoffs, reorganized, etc. This is my 16th year of enduring layoffs. If you want to survive, watch Game of Thrones. Sad but true. I am keeping my fingers crossed for a package before this company kills me.
If you don't like it , lump it. Pepsico offers great opportunities for those that want it , put in and get rewarded . Upstanding business model . Drive your own career and don't wait for the pilot , pretty simple . People saying negative things on this thread are the one we don't need in our culture . Sky is the limit at PEP , only you can decide if you want to reach it .
PPA - Pepsico Professionals Association
Lol yes, unionizing will solve problems... unionizing will only drive layoffs and ways around getting your union a-- off the books. It’s 2018...control your career and how much you make...don’t fall back into group think and “equality” bull crap. Union bosses don’t care about you only your dues, power. I’m not making the same thing that every POS is making. Open your eyes and expand your own skills to make yourself more than a commodity!
We need an audit of practices in finance, sales and employee conditions as soon as possible.
And they wonder why locations want to unionized?? Overworked, underpaid, non working sites, no HQ support. They just cut spending but you wouldn't know it by executives and their useless "vacations" oops I mean business trips. Executives travel to stash airline miles and hotel points for personal use....
PepsiCo, Inc. (Nasdaq: PEP) has been pulling out all the stops to navigate a difficult environment in recent years, and analysts are expecting another difficult quarter when the company reports earnings on July 10.
the place is a house of cards
Stock price off a lot today makes me wonder about the timing. Some have said mid July. Could it be that our illustrious leader is leading us right off a cliff?
What area or teams are you hearing about?
I have heard the same. For several years I have been a critic of IKN and her lack of focus on driving the right results. She drives profitability through productivity rather than growin the business. I have been hearing as early as July and as late as Sept for the next round of layoffs. Knowing that we are in the heat of summer I would expect the layoff to be later rather than sooner but wit IKN who knows.