Pepsico, it has been well know, has historically not valued its employees, annually laying off key workers after 10, 15, 20 years of service - this is nothing new - just getting worse in their quest to be the most UNAMERICAN CORPORATION - only union truck drivers and top heavy senior management retire from PepsiCo. That's how they have kept the company going for over 30 years - they don't layoff for performance reasons always to make the numbers which is wrong! The reason their is no heir apparent for Nooyi is that many of those who rose through the ranks were unjustly laid off! The amount of people they have laid off in the past 30 years alone is a good reason their sales are down. Former employees don't let families and friends drink Pepsi.
1 reply
I was let go after 25 yrs and guess what ......Sales went down in my market after PepsiCo let the team GO. My FAMILY AND FRIENDS WILL NOT BUY PEPSI, FRITO, QUAKER, TROPICANA, RICE.RONI, AUNT JEMIMA ETC ..AND SO MANY MORE THAT WERE LET GO WON'T !!!