Regardless of what happens this week or next, this only the beginning. Rumors are that a team is being put into place to identify jobs/work across all functions (Marketing, HR, FInance, etc) that can either be outsourced or consolidated. Either more jobs will be lost to outsourcing or people will be asked to do the work previously performed by 2 or 3 people.
I feel sorry for the new and recent hires who have a dream of a long-term career at PepsiCo. Only a very small % will ever realize this dream because they will either choose to leave the toxic environment or they will eventually be told to leave. This is not the way to build a pipeline of future Leaders of this company.