Rumor is there is a hiring freeze. That makes sense with the state of the business, but I’ve seen 20+ people leave and mostly not get replaced. Just in the past 3 months.. In the few instances they have, the backfills old role remains open and the backfill is doing multiple jobs.
The vast majority that I have seen leave are actually good at what they do. Every one that I spoke to also confirmed they were getting paid much more at their new jobs outside the company. They have silently departed.
My boss is always nice and supportive, but I can tell that he is nervous too. He was very professional when I asked him about but said “at Pepsi, you always have to see the focus trends early and be prepared for layoffs at any time.” He’s been here 15+ years and knows his stuff, but I can tell it’s is really wearing on him lately.
What I need to remind myself is to start looking for another job now. Those 20 people were senior levels to me and good. That is a sign of how employees are being valued. The smart people figured this out before me.