Did anybody calculate how many people does $2.5 billion mean in severances?

Well, Friday is done, Monday has started and still no layoffs, no major restructurings. I'm starting to believe that we fell prey to alarmists who were guessing that we were looking at another Valentine's Day culling as opposed to actually having any... — read more 

Are you kidding me? You put all these “leaders” in a room and this is the best you can come up with? Did you all hold hands and sing cum by yah too? Smiles everyone! Promote Sodastream. Leaner (layoffs, plant closings), faster, better. What a bunch... — read more 

Posting from another thread here because I think it needs to be seen. It's a great article about the reputation that sticks to Indra and will now start stinking up Ramon. https://www.ustechworkers.com/connecticuts-wolf-in-sheeps-clothing/

Will there be layoffs this week? Will the details of the new restructure be announced? Any news if any HQ buildings will be closed on Friday?

Is there any way to predict if my position or team may be at risk?

Question to those laid off in the past. Did you have an opportunity to take a lateral role that required moving across the country, I’ve heard this before did they offer you a lesser role or severance or is it straight elimination of your job sign... — read more 

I was a B1 impacted last year as part of the “Valentine’s Day M---acre” on Wednesday 2/14. I was looking at thelayoff.com this time last year so I wasn’t completely surprised when the hammer came down. My manager pulled me into a conference room... — read more 

Can we expect the impact of layoffs outside the US to be as big? Thinking markets like ESSA and Canada? Has anyone heard anything?

Where are the layoffs already happening and what is the severance package? Thanks

I would advise those who fell relief that nothing major happened today to hold of their celebrations. It’s more likely that we got the date wrong , rather than nothing big is in the making. Layoffs rarely occur on friday and monday or even tuesday... — read more 

I’m so proud of the progress we’ve made to reduce complexity across our organization, and find a better way in everything that we do. But we must continue to embrace change to enable future growth. Beginning today, we are taking immediate actions to... — read more 

Word of advice for everyone. Document everything that is said to you. Don't be bullied by their scripted talk. Ask straight forward questions and insist on straight forward questions. God bless you all and know that you will come out better working... — read more 

I think my favorite comment was how important employees are here. Now that’s fake news.

Maybe you can sell your soda stream on eBay and supplement your severance if you get one

I’m sure many of you are already familiar with this but I didn’t see anyone posting it so here it is. An article that reports the Q4 and yearly Pepsico earnings and gives some view on what’s to come... — read more 

Have fun, smile and...oh, by the way we’re laying off a ton of your friends. Don’t forget to smile though, that’s the new culture we will “be enforcing”. Good luck

https://www.marketwatch.com/story/pepsico-plans-layoffs-plant-closures-in-overhaul-2019-02-15

HR called me last night at 7:30 and told me to come in the office for a meeting at 11AM. I asked her if I was getting fired but she couldn’t say. Obviously I couldn’t sleep at all last night. Why would they call me and not just do it when I’m in the... — read more 

Whatever will they think of next????? "Pepsi, forecasting a decline in profit this year, said it would extend its cost-saving program through 2023, incurring $2.5 billion in charges. The company said it plans to shutter plants and that 70 percent of... — read more 

Whoever said nothing is planned right now is honestly an incredibly naiive individual. I don't want to call you out, but Jesus, seriously? How sheltered/disconnected from the business are you? Essentially everyone who works at HQ already is aware... — read more 

https://www.pepsico.com/docs/album/investors/q4-2018/q4-2018-earnings-release_jxwwalwh2hhtz213.pdf

Ahead of today, it is good to remember there is life after any job, including at PepsiCo. Out of four people I know who were laid off in the past two years, three have found new jobs with comparable pay and are much happier than when they were... — read more 

At the same time, we are also embarking on a number of cost transformation initiatives that will make us a leaner, more agile, more capable company for the long-term. Savings from these initiatives will help fund the investments necessary to better... — read more 

I'm wondering if we'll really find out about the planned cuts today or if they'll ruin the weekend for all off us by letting us guess and worry until Monday. I don't see a reason for them not to share the plans during the earnings call, but I... — read more 

After a lot of rumors about 2/14 i came to work and nothing is happening. Everything seems to be quiet, business as usual. Dos that mean that the rumor was wrong and we have nothing to worry about, or maybe the info about the date it begins is what... — read more 

It is so disturbing that we all have to speculate about reorgs when our leaders could just inform us that a reorg is going to happen. It's the same story year after year. It's so rude to leave us in the dark. Morale declines every time we reorg... — read more 

Real talk - if Pepsi lays you off you SHOULD take it personally. Retaliate by refusing to buy Pepsi products for the rest of your / your family's life Coke has a substitute product for all of ours,.and you can buy other salty snacks - you know how... — read more 

Do I need to say more...

Every year it’s the same. Layoffs. so why work for the most unstable company in corporate America. They are the most greedy execs. The board meeting is at the Most expensive hotel in NYC. yet we have smart spend rules that clearly only the underlings... — read more 

Just saying...

Our company, like many other companies, has some really week B1+ people. Who are you rotting for to get an early retirement? Not trying to be harsh but we as employees deserve better

The management knows that we know that something big is in the making, so what’s the deal with the theatrical silence. Why not at least announce the planned number of layoffs so we can prepare and not live in stress? It changes nothing to them, but... — read more 

"Blessing in Disguise" is an understatement. Tomorrow I celebrate my one year anniversary of being liberated from the Career Hospice in Plano. A year later things are better than ever for my career, my new company is awesome, sales and revenue are... — read more 

Today is definitely not going to be one of my more productive days. I barely slept as it is, and now I'm in for another full day of anticipation and anxiety before we are told what's going to happen. Working for PepsiCo, this time of year is really... — read more 

I'm just wondering, if those on top have already determined a number of people who will be cut in this round or if that number will be decided by the way stock reacts to the earnings report? Mainly, the bigger the drop (I really don't see a stock... — read more 

We would have had some concrete indication by now if layoffs were happening tomorrow. Every time so far there was something - scheduled meetings, reserved conference rooms... This time nothing. I'm not saying it's not happening, I just don't think... — read more