The more money they save, the more for them to distribute to themselves. It's so simple.
What keeps you going? What keeps you attached to PepsiCo???
There's is a lot of anxiousness, fear, vile energy and company bashing on this forum right now, so to move in another direction, could you share with us what got you working in this firm and what keeps you going, and still working here at PepsiCo?... — read more
How's it done?
A meeting with HR? Is the manager in? How long does it take? Do you have to sign anything? Do they walk you out? Thanks.
A reflection
I wanted to give my best wishes to folks who underwent the layoffs. Please remember, its not the end of the world and specially if you are in Texas, jobs are a plenty... I don't think that the folks who are not impacted by the layoffs are feeling any... — read more
Got Popped #2
I also got cut in Plano today, came in at 8 AM with a voicemail and email telling me I had an appointment in this room at this time blah blah...and am not complaining about my package ..and I was not banded....I am FREE and am home now celebrating... — read more
Talk about lousy timing
F---ed up timing to get sick on my part. It s---s watching this from the sidelines. I checked in with coworkers, and I know my department's been hit. Since I'm out sick, does anybody know if i will get a call or an email if I'm affected or will i... — read more
Laying off people close to retirement
My dad just got laid off after decades with PepsiCo. He is only a few years away from retirement, so this hit him really hard, I could hear it in his voice. Broke my heart. How heartless do you have to be to do something like this? I truly hope this... — read more
Got popped
Just got popped, FLHQ. 2 weeks severance per year, plus all benefits continue until that’s over.
Any news on severance package?
One or two weeks per year?
Pepsi Went Wayside
I have worked for Pepsi long enough to offer an opinion. from what I see there is a total lack of appreciation for the employees who have been working for the company for decades and a movement to replace and promote employees College recruits who... — read more
Barrington Layoffs
I hear Sensory/Packaging has been affected. Very small though. Much smaller than I expected (only two persons). Will post if I hear more.
Unfortunately it has started in the US.
We already have names of people fired (of course cannot be published here). All B1 and B2 so far.
Need to be pragmatic
People need to realize that companies at the end of the day need to do what's best for the whole organization. As an individual every leader hates to lose people in their organization but they have to make these tough decisions for others to march... — read more
Region cuts
Any news on which regions are being cut?
How to know when layoffs are happening at your location
Look for beefed up security. That is one easy and certain tell. Increased security only happens when they are afraid employees might react adversely to something negative such as being told they are losing their jobs. And considering what has been... — read more
Now it has really started!
Please post locations and numbers of those laid off here, so we know what's going down and where.
400 employee layoff possible at Purhase HQ
Security team plans on deactivating 400 badges today at the Purhase HQ office in New York. Rumor heard from one of security staff.
What levels hay are expected?
Just wonder the layoff framework...
This wait is killing me
Come on people, somebody must know something! Please share!
Nothing before Thursday
Did I get this right? There will be no notifications before Thursday?
And so it begins...
Good luck everyone!
this needs to be over
any chance we can sue pepsico for the emotional distress they are causing us by making us wait like this? do they really think that anybody is actually productive right now? people are stressing and worrying about their future, no way majority is... — read more
Anything happening?
Has it started? Any info?
Do we still get health insurance?
What happens to our health insurance if we are laid off? Does it go away immediately or do we have at least some kind of coverage for at least a while? Frankly, this is one of the things that scares me the most, as I can't afford to lose my coverage... — read more
Estimated number of incoming layoffs
Based on her comments, 115000 US employees, 1% terminated is little over 1150 folks. Focus is on corporate positions. So about 1000 employees will be terminated. 700-900 from corporate positions. Estimate was posted in another thread by @RImR5ZH-mdn... — read more
Only article so far that does not sugar-coat it
It also mentions layoffs. PepsiCo Inc. guarterly sales were flat, hurt by falling demand in North America for its beverages, but the company said it had ramped up cost-cutting efforts to protect its bottom line... — read more
Layoffs today
10 million dollars for a Super Bowl halftime show and now layoffs. Think priorities need some readjusting
So, we put up strong numbers and still get layoffs?
Not that I was really expecting that any scenario would lead to a complete reversal of the layoffs decision, but this certainly adds salt to the wound. Somehow it's easier to accept layoffs when the company is doing lousily as opposed to when it's... — read more
Anyone believe the 1% number in US
And interesting nothing about Global workforce reduction number
STAY STRONG TODAY
As we head to work today in NY we all have the same unnerving feeling in the pit of our stomachs. "Is it me?" God bless all of us today! Stay strong
Indra´s speech
Indra sent this message a couple of minutes ago: We are continually looking at our workforce as we delayer the organization and grow more productive as a company. This year is no different, and we’ve had to make the difficult decision to eliminate... — read more
One more sleepless night
At least today it should finally be over and I should be able to get a good night's sleep, whichever way it goes for me. I have spent the past two weeks stress eating myself throughout the night to an extra 10 pounds. I can't believe that's what... — read more
Good luck!
Good luck everyone! I hope you each get what you wish for, whether it's remaining at Pepsi or getting a package.
Today is the day - keep us updated HERE
This thread must be uses to keep people updated about what really happened from now on. This cannot be used to guess what is going to happen (if you want to guess, you can use the other threads. Lets share our experience here.
Indra Nooyi on her way out
The International Cricket Council (ICC) today announced that PepsiCo Chairman and CEO Indra Nooyi has been appointed to the ICC Board as the organization’s first independent female director. Mrs. Nooyi will join the Board in June 2018 to align with... — read more
I'd like to buy the world a Coke...
I'd like to teach the world to sing In perfect harmony I'd like to buy the world a Coke And keep it company That's the real thing
Chill out people
Reading some of these posts and listening to hallway conversations. A lot of people need to relax. There are way too many new hirers coming in. Just chill people and drink a Pepsi.