https://giphy.com/gifs/michael-jackson-eating-popcorn--GjYjLvGErsggg LOL
severance?
heard somebody mention that pepsico is slashing severances as part of minimizing layoffs costs. i simply can't believe they'd do something like that to people who are already losing their livelihood. can this be true? what was the severance package... — read more
Anybody else wishing it has already happened?
This will be a lousy weekend, I know already. All I'll be able to think about will be what's going to happen next week and if I'll still have a job at the end of it. Waiting is sometimes worse than knowing, I think. Especially since we have seen from... — read more
Check Weird Conference Room Bookings
Focus on Feb 13, 14 and 15...
And you think you are an asset?
If you think any employee is an asset, you need to take a look at which column in the balance sheet payroll is under. The basic balance sheet equation is Assets-Liabilities=Equity. Here is a hint. Payroll is not under Assets or Equity.
See only Active Posts
There is an "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies.
Those in late 40s and 50s are in most danger
From what I have gathered from previous layoff rounds, everybody who is over 50 and those close to it are in biggest danger of being shown the door. It is sad but it is true. If you have earned a decent salary through hard work and long tenure... — read more
Heard FLNA going to 10 regions
Does anyone know which regions are getting cut? Heard FLNA is going to 10 regions.
Announce
What cities or metros will be affected? I do not work for Pepsi but I run a blog that aggregates layoffs. If you guys tell me what cities may be affected I can go and geo target visitors to tell them what's going on - you dont have to disclose any... — read more
Layoffs to start Tuesday Feb 13th 2018
The way I heard it from a reliable source is that the majority of layoffs will occur on Tuesday Feb 13th, and completing on Thur 15th. On Friday 16th, it will be a half day for all those who have not been let go. Those that have been let go will be... — read more
Something is seriously wrong
Other companies are giving out bonuses and increasing benefits, like the matching 401K...and then there is Pepsico, giving out pink slips....
Banded Leaders Part of the Problem
PepsiCo's problem is that they have people doing jobs that they can't do. The Quality organization is being run by people who dont know what to do or can't do it. Many people spending millions of dollars without being able to deliver anything of... — read more
Next week
Has anyone heard what the logistics will be next week? I know there are a number of conference rooms booked by HR at all the different locations. They shutting the building down? Just have to wait at your desk to be called?
***Confirmed***
Heard over the weekend FLNA is outsourcing at least 2 customer service departments. Didn't hear of the specific areas that will be outsourced.
So tired of it all
I used to love working for PepsiCo. When did we become only a shadow of our former self? Seriously? For the past several years the stress levels of working here have been increasing exponentially. Job security is a joke, we all know we can be next on... — read more
DIVERSITY IS NOT STRENGTH
We are going to get popped with layoffs while other companies are giving bonuses and expanding. Why? I've seen a lot at here in my long tenure and it's glory days are LONG GONE. From the top of leadership this company lives in a fantasy world. So... — read more
Do Work? Mission Impossible...
Trying to get things done around here at PepsiCo over the last few weeks has been difficult; sometimes impossible. Please folks let’s remember that most of us will still be employed. You might want to keep working just in case you still have a job... — read more
2nd Week of Feb Confirmed
Lots of us just waiting around to see what happens....
We deserve this
In reading all these threads, it makes me realize that we as a company deserve this. On one hand we have people screaming “sue!” And “unions!” And “call the press!”. How about you get off your a-- and add value to the company? On the other hand you... — read more
Things may not be as bad as we think!
Don't want to get hopes is but I did hear today from a good source in New York that it may not be as bad as we have heard due to the tax breaks. Hope this is the case. Please remember, we are all very talented people who work much harder than people... — read more
Week of Feb 12th
As I have heard it; (all hear say) -Pepsi reported large layoffs to Hudson Valley Labor Dept in Dec. As required by law. As to not flood unemployment offices and leave them unprepared. -HR has 2 Conf rooms booked in 1111 for that week. -1129 will be... — read more
Simple Explanation
I know we are told the economy is "Booming" and "On Fire!" and yet Pepsi and soooo many other companies are laying people off, lots and lots of people. Just check "Latest Posts" on this site for proof. So, how can there be all these layoffs if the... — read more
Feb 13 and 14 for FLHQ
Definitely going down on Feb 13/14 at FLHQ. Like everyone else I’ve heard 10%, but I know some groups have been not filling roles in anticipation of it, and I think those count toward overall reduction. Dunno of its 10% heads or 10% dollars. Guess is... — read more
The Pepsi Paradox
Such a sad time in PepsiCo’s history. Economy is roaring, corporate tax rate has been slashed and PepsiCo is laying people off. I don’t get it. So tired of all the years of layoffs. We’ve dealt with the nonsense for way too many years. Please... — read more
1111/1129 layoffs going to be ugly...get a lawyer!!
Ageism and racism. You watch. Especially old PBG people. Being black is not diverse enough. I lot of personal vendettas will play out. Favoritism is running rampant. So many "people on the move" notices. Those are the special ones being moved out of... — read more
Our reality
Other companies giving bonuses we are losing our people. Trust that senior level will keep their perks while the workers get screwed (nothing new here though - it's an old story). We made it through the normal and fairly regular November/December... — read more
10% layoffs on business and 5% on IT
Post earnings call on Feb 13th is when the layoffs would start. In US, rumor has 10% layoffs on business functions across bots and 5% on IT.
St Valentines Day Massacre for Plano
Get ready for the St Valentine Days massacre, hearing that the layoffs will be over several days during the week of Feb 13th. Indra will be using the machine gun this time, not Al Capone.
More info on incoming layoffs
The IT Sustain organization is going to managed services. IT Ops will be reshuffled and headcount will be shifted to Poland. Services will be consolidated to strategic providers. Not sure what will happen with InfoSec, but they already have an obese... — read more
February 13 Pepsi Co. layoffs
I also heard Feb.13 to be the date. In competent senior management throughput PepsiCo. Read this in another thread and thought to bump it up since I heard the same thing from a few people last week. This seems to truly be the date next layoffs will... — read more
Executive Car Program Saved???
Other companies give $$$$ to low level employees, while PEP just decided to NOT make cuts to executive car program...Indra always penny pinching, but luckily with Trumps tax changes the elite will keep their Corp cars that they only utilize for... — read more
NOT A HAPPY PLACE TO WORK
GET RID OF INDRA AND HER CREW....HORRIBLE PEOPLE. Do you know they don't even say hello or acknowledge "workers"? It's all crap and PR that employees love her...most high level executives are to important to even know employees. I miss the old PBG... — read more
February Layoffs
Here we go again folks. Just received notice that the February layoffs are a go. Have not heard a final date or levels to be impacted. Just February. Info source is solid. I hate to say it but we should all brace ourselves and prepare for a bumpy... — read more
Where's Pepsico ?
$167B company and they don't even offer a 401K match, what a joke... “Some 40 U.S. companies have responded to President Trump’s tax cut and reform victory in Congress last year by handing out bonuses up to $2,000, increases in 401k matches and... — read more
New Bonuses? HA!
Since the GOP tax plan has passed, all these companies have announced bonuses for ALL employees. What about PEP? Of course that would never happen!!! Bring that massive pile of cash from overseas Indra, I bet you'll use the repatriation tax holiday... — read more
Layoffs moved for Q1
heard that the Nov layoffs were pushed out to Q1 because New York changed their plans at the last minute, so HR is frantically redoing the packages. Some people will get a package and others won't based on some criteria. Those that get a package, it... — read more
In the News - Nov 22 2017
something is definitely going on, this combined with the rampant lay-off/restructure rumors...get ready and be prepared "So Pepsi could be Kraft Heinz's next target. But the thought of Buffett switching teams, so to speak, and backing a Kraft Heinz... — read more
Pepsico Layoffs November 20th
Everyone has been saying the 20th, that date doesn't make sense, HQ will be empty that week with all the holiday traveling. Other date mentioned is next week the 14th ? Others say it will happen in Jan and Feb, so who knows. Also heard it will be big... — read more