How far did we get in the whole 70 percent of $2.5 billion for severance costs in the past few weeks? I don't think we are anywhere close to enough layoffs and closures to take a significant bite out of the announced $1.75 billion. I think the worst... — read more
The reorg is only a sign of weakness
I know they are trying to get us to buy the story about efficiency and the use of new technologies to produce better results, but who really believes that. Plant closures, merging of regions, layoffs for me only means giving up on certain business... — read more
RIP Amazon
A new company to outsource to death! I'll be dropping my Prime now. She's gaining quite the reputation of Outsource Queen. Wonder how much she and her husband get in kickbacks from these outsourcing companies... — read more
Frito-Lay Leadersbip Unaware of Low Employee Morale
During Frito-Lays Town Hall meeting today, our Leadership team acted completely surprised that employee morale was very low and that all of the recent developments were even more demoralizing. The response was basically that they thought everyone... — read more
Cost cutting is always good....
Look what happen to Kraft-Heinz after a number of years of extreme cost-cutting: https://www.independent.ie/business/world/16bn-plunge-after-kraft-heinz-admits-old-brands-worth-less-37844330.html There was always the rumour doing the rounds that 3G... — read more
Why don’t they announce what is the number of employees they want to cut?
It’s kind of frustrating being kept in the dark. They know we know, so why don’t anounce what are they trying to achieve, and then let the people figure out for themselves so they have a future at the company or not. In this way, they are just... — read more
What's in store for this week?
More layoffs? More closings? Nothing of the kind?
A much needed ray of positivity
As I read through this email, it brought back anxious, yet resilient memories of when I was let go from PepsiCo last February. Here is what I learned and hope that in sharing, it provides a ray of optimism during what I personally knew to be a... — read more
All the signs are there - what more do we need?
Maybe it’s in human nature to think everything will work out eventually and that the storm will pass, but judging by what they are announcing, this storm is here to stay. Automation, outsourcing, reorganization, layoffs,... does it really matter what... — read more
Its not Automation its Outsourcing
PepsiCo is laying off corporate employees as the company commits to millions of dollars in severance pay, restructuring, and 'relentlessly automating. This is not true. The truth is that theyre shipping those jobs to India. It just better politics to... — read more
Jersey City plant closing soon?
Rumor is the lease is not being renewed and the plant is moving south. Any update?
Any news on what the impacts may be in ESSA?
Lot of threads here on North-American specific news on these forthcoming layoffs. Just wondering if anyone has heard anything on potential restructuring that could go on in ESSA? Any inputs are appreciated!
No more TLA’s
For the sake of friends and loved ones who care but don’t know what the Three Letter Acronym stands for please elaborate we are also very concerned but don’t want to have to keep asking them if there is anything new?
List please?
Let’s summarize locations being closed and an anonymous list (please no names) of level/function/site that was let go...you know this will never happen internally.
Beverages reorganized - Where will the bulk of the savings come from?
Looking bleak for Frito Lay, NAN & Quaker if any still around. Beverages are heavy and require more cost due to Uncontrollable's. I would expect FLNA to become 4 regions before 2023 - All of NAN and Quaker essentially gone... If growth doesn't happen... — read more
False info being given to news?
I see a ton of articles attributing layoffs to automation. The only layoffs I see is marketing, tech, and regions combining to cut more jobs. This is a cost cutting, skeleton company now. My pay has been flat for 3 years due to very weak raises and... — read more
Complete loss of respect for the company!!
I have lost all respect for Pepsico the last couple of weeks. Last year we promoted some very capable employees from other divisions to move over to Pepsi to fix the problems there, especially fleet and engineering teams. All of those people were all... — read more
Anything on Monday?
I actually get more worried when the weekend comes. I guess I have more time to think about everything. Are there any more rumors regarding next week? Is anything gonna happen on Monday?
The shape of PepsiCo by 2025
An interesting article that shows the direction in which the leadership plans to go and what will PepsiCo look like by 2025. Interesting, but scary at the same time is the fact that 2025 has been chosen as the year to which the reforms should be... — read more
Wake up PepsiCo, there is a better way to handle it!
PepsiCo needs to understand that while there may be no easy way to do this, there are options that they should seriously consider. Other large companies ask for volunteers. We were told last year that “we don’t do this”. My question is why not? While... — read more
Good read
PepsiCo hiring down by more than half over past two months as layoffs arrive On the official careers page for PepsiCo ($NASDAQ:PEP), the number of job postings has been down by 57.32% since the start of the new year... — read more
Why do this?
I heard people who were laid off will get a chance to pick up their stuff on Friday, which makes me wonder - are people really walked out on the spot when they are told they are being laid off? I'm new to PepsiCo, so I am yet to see somebody I know... — read more
GBG MOVING TO DUBLIN?
Anyone knows any details?
International Union IUF asking for info concerning restructurations at Pepsico
Cost cutting at PepsiCo PepsiCo is instigating a restructuring plan which will involve job losses and factory closures along with billions of dollars in associated costs. Chief executive Ramon Laguarta, who replaced PepsiCo's long-time CEO Indra... — read more
What Groups were hit at FLNA?
All, What groups were affected by this weeks layoffs at the FLNA campus? Marketing, SC, Eng, R&D, Finance? Also, is this bomb as big as last years February m---acre? For those that are affected, count it as a blessing.....and BOYCOTT all of PepsiCo... — read more
So mishandled
Totally glossed over by new leadership. While Indra was not perfect, she owned the responsibility of the bad news to employees as well as good news. That you have to read news reports and SEC 10k filings because the company has taken an "ignore the... — read more
IT webcast
Who was the genius that took down the IT webcast I congratulate you
How high in the company pyramid does the reorg go?
To what level will the reorgs go? I imagine that regular company workers are the ones who will get hit the hardest and that the lower management will not be spared as well, but how high in the managerial pyramid will the reorgs be done?
Share your story!
Email the author at the email address given in this article! https://www.businessinsider.com/pepsico-layoffs-begin-restructuring-plan-kicks-off-2019-2
Anything expected today?
Any more layoffs? Anybody knows if HQ is done?
R&D impacted too
R&D not immune to current layoff. Certain group has got its notice that whole tram no longer part of strategic plans for Pepsico R&D. Unclear if this is the end for R&D layoffs this year or just the beginning.
When will it be done?
Any ideas on when the latest reorganization is going to be completed? Is there a set time frame? Or will this be another one of those situations in which there is no end in sight so those on top can lay off people indiscriminately throughout the year... — read more
IT Layoffs & Restructuring
IT layoffs are very much impacted, they were last year as well. IT goes through many many restructurings, and often as people leave of their own accord, they do not backfill with FTEs. NYC, Chicago, Plano. It was never really a sought-after place for... — read more
https://www.businessinsider.com/pepsico-layoffs-begin-restructuring-plan-kicks-off-2019-2
https://www.businessinsider.com/pepsico-layoffs-begin-restructuring-plan-kicks-off-2019-2