A minimum of $24mil spent on Super Bowl ads and lives are changed in a blink of an eye in one week. Four quarters of missed earnings. Ramon won’t lose a second of sleep from it while Maria and he are making millions a year. WHAT IS WRONG WITH THIS... — read more
LHH Career Services
Has anyone utilized LHH Career Services from the severance package and actually gotten a job? The only service I need from them is a direct hire for a job the rest is useless to me. I dont want to waste my time if they aren't successfully helping... — read more
Layoffs Coming Next Week
Hold on tight everyone. Wishing everyone well.
Layoff funding almost doubled in most recent 10K
In the 2024 10K on page 50, the 2019 Productivity Plan was adjusted to end in 2030 vs 2024, and anticipated costs for layoffs increased from $3.65B to $6.15B. And they expect to spend $900M in 2025 as opposed to just over $700M in 2024.
Any insight into how many people accepted the VRP?
Just wondering if this would reduce the amount of people layoff. The suspense is making me nervous.
Layoffs season ahead of us
Start looking for another job if you haven’t already. We know they discard people with ease and without much of a prior warning. I’ve been searching for other options and putting together a backup plan since the last larger layoffs. The economy... — read more
Look at your Environment and Leaders
How much has your salary increased over the last few years? Still begging for 1.5% raises? Ramon Laguarta, the CEO and Chairman of the Board at PepsiCo compensation 2022 - $28,388,228 2023 - $33,906,212 (This included a salary of $1,688,462, a... — read more
Corporate Bonus Multiplier?
How should we interpret the Full-Year 2024 Results?
Change is coming?
Change is coming but feels like with no transparency.. shouldn’t there be some slides on which teams will be impacted.. I guess it will be a surprise until you get laid off.. and why is the head of FLNA which is tanking getting promoted to lead the... — read more
Bloodbath incoming
PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America https://www.cnbc.com/2025/02/04/pepsico-pep-q4-2024-earnings.html?__source=bluesky|main
Anyone know about HQs or Corporate Affairs function?
Hi. Anyone have 411 on these roles and what the restructuring looks like that keeps gettin thrown around in these roles? Either purchase, Plano or global markets? Thank you :-(
Terrible leadership
Global town hall tomorrow listed to be in nyc. Why not in your global HQ at purchase? Too scared to face your employees? Grow a pair of ba--s Ramon
Outsourcing
Will Pepsi be outsourcing and other products to Niagara ?
Long Term Incentives
Been sitting for three years on LTI to vest, and stock is $10 below grant price. What a mismanaged dumpster.
Territory Manager Role at Risk
Grapevine rumor, but heard from an HQ Director who may have let too much loose that the TM role (reports to ZSL on the Frito side) are heavily at risk for elimination. Usually these roles have been bulletproof, but i would be prepared for some... — read more
Next wave of layoffs in Feb/March?
Yes. And confirmed that roles (strategic roles and transactional roles) are moving to Mexico and redundant roles are being eliminated in the near term. Current plan in forecast includes a next wave in February and March timeframes. OP:... — read more
Return to Office
Heard they are getting more strict about it like how other companies have and that they are going to start enforcing it starting next week. Anyone hear the same thing?
Are we selling Aquafina to Niagra?
Heard some rumors
Are we certain layoffs are happening soon?
I received an offer, and while it’s not perfect, it would get me out of this place, which is my main goal right now. That said, if there’s a chance I’ll be laid off in the next few weeks or even months, I might hold off a bit longer and keep... — read more
The beginning of the end….
https://finance.yahoo.com/news/pepsico-build-quaker-oats-plant-123454508.html
Lay’s potato chip recall classified at highest risk level, consumption ‘could cause death’
Nice work team ! https://nypost.com/2025/01/28/business/lays-potato-chip-recall-classified-at-highest-risk-level/
Upcoming TA layoffs?
Any news about potential layoffs effecting Talent Acquisition in PBNA, PFNA or Corporate?
2 weeks from layoffs?
Corporate offices... what do we think? I haven't heard anything, just rumors. Hearing massive "restructure" in S&T.
Any Insights to Bonus Multiplier?
Anyone have true insights to bonus multiplier for Frito, PBNA, or corporate? Interested to know what’s to come in a month…
Be Proactive and Leave
I worked at FLNA HQ in Plano and saw my future at the company as bleak. More and more roles being outsourced to Mexico and India. Lack of promotion opportunities after the L8/L9 level due to the rampant favoritism, constant layoffs, and loss of... — read more
Leadership Mis-management
Each year merit increases are reduced due to company under-performance. Doesn’t cover the cost of living. Those receiving bonuses as part of their total pay…expected to get little to nothing for 24/7 work. How is that competitive with other companies... — read more
Will PepsiCo End DEI?
I’m guessing PepsiCo isn’t interested in end the DEI program. But if they did end the DEI and since the company is ran by India and other foreign personnel. Does that mean they don’t have to hire American born workers, since they are the minority?? — read more
VRP was a great option to take
I didn’t have much time left until retirement, so the offer came at the right time. A veteran’s advice to colleagues: don’t get stuck at Pepsico. Conditions for employees will only continue to deteriorate, and you’ll eventually regret the time and... — read more
FTC Suing for unfair pricing tactics
Not Surprised a bit. https://www.npr.org/2025/01/17/nx-s1-5265348/ftc-pepsi-prices-lawsuit-unfair-treatment
Happy Valentines Day
Will 2025 be a Happy Valentines day? Or will we be asked to work from home again for the week as the axe falls on those who didn't take VRP or get outsourced? As Plano HQ spins under questionable leadership and business decisions is there any doubt... — read more
Pensions
Are pension contributions ending for the entire company or just new hires? And what happens to the money we have in our accounts? It sits there until retirement? I’m sorry for the stupid questions, I’m young and inexperienced with this.
Future Back Drinking Season 2
Sure! Let’s renew AK’s sh-tty podcast right after one of the worst quarters of all time! This is a joke. She clearly can’t get her head out of her a$$. Board of directors has to do something…
L9+ call friday
What are we expecting?
DAMN!!! How many people took the VRP?
Everyday I talk with another person who took the VRP. How many people took it and who will be left? Does leadership even care about the tribal knowledge leaving? This is crazy! On Feb 9th, this place will be a ghost town.
I feel stuck
Can’t find another job. Stuck in S&T under AK and her incompetent leadership and d-mba-s subordinates. I dread every day that I log on, these projects are meaningless, I legit hate my life. Don’t think I can do this for much longer
Some managers really need to go
Morale would skyrocket if we finally got rid of some of the a--holes who love to bully people AFTER taking credit for their work. PepsiCo needs more layoffs, only they have to be focused on managers, not the rest of us. You'd get a happier workforce... — read more
S&T
Happy new year. I have an interview for a solid exit on Thursday. Hoping it can go somewhere. S&T will get hit hard, the offshoring has been crazy lately
Layoffs are starting on Jan 6th
Get ready.....The other shoe is dropping on January 6th. I already have an invite from tomorrow with no subject other than 1:1. I've prepared myself and am ready to go. This place is a toxic dump! The stress is overwhelming and I hate the... — read more