https://www.marketwatch.com/story/pepsico-plans-layoffs-plant-closures-in-overhaul-2019-02-15
I’m getting fired today.
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
"Winning with Purpose"??????
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
Anybody still believes nothing will happen today?
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
Here we go...
https://www.pepsico.com/docs/album/investors/q4-2018/q4-2018-earnings-release_jxwwalwh2hhtz213.pdf
You will survive
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
From new CEO’s email. What do you think?36
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
Do we find out today?
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
It’s February 14th, is anything happening?
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
PepsiCo is HORRIBLE at Change Management
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
Bite the hand that slaps you
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
Drink Coke
Do I need to say more...
Who would ever want to work for PepsiCo
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
Our SodaStreams are to be our severance packages
Just saying...
Who are you rooting for to be laid off?
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
Why don’t they announce it already?
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
Being let go from PepsiCo is a good thing
"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
Worried about tomorrow
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
Do you think the number is already decided?
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
I don't think tomorrow is happening
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
Dumb mistake if you're still working here
I was cut last year and it was the best thing that happened to me. Company is a complete joke. At least Indra is gone not sure about the new guy. It took me a month to get a job with a huge pay raise making more than the people older and levels above... — read more
Blessing in Disguise?
Let’s all think positively about this...sometimes new beginnings aren’t the end of the world! Hopefully we all learned last year to save our money. Also, be real, the work environment hasn’t been great the last 5-10 years
Why would this year be any different?
I don’t have any doubt that we will be hit by mass layoffs sooner rather than later. Mass layoffs have occurred at PepsiCo in most of the recent years, why would this year be any different? My only doubt is when will they happen exactly and in what... — read more
More layoffs at NAN?
NAN was last year. Heard in October they’ll do layoffs again February 2019. Gatorade didn’t do great again in 2018. Hiring freeze and travel ban already kicked off. Same story every year. Hate to see people go. Just to check if I got this right -... — read more
Let me guess
Once again anybody close to or already under Rule 70 has much bigger chances of receiving the pink slip than anybody else? We've been cut so much in the past rounds that I'm not sure many are even left - which makes me think was the main goal all... — read more
Speculation
Field management/banded execs will probably be hit, and probably their supporting functions (if department only has to support half the people it used to...). Rumors IT Ops/Sustain will be hit as well, but IT jobs are the easiest to skim and offshore... — read more
It feels like it's only a matter of time....
I entered the workforce right around the recession/recovery time period - 2010. I haven't spent all my years at Pepsi, but of the now 8 or 9 years I have been working, there have been mass layoffs EVERY YEAR at every company I have been at. I've... — read more
https://www.facebook.com/TheLayoff/posts/2055889704507475
https://www.facebook.com/TheLayoff/posts/2055889704507475
Just Rumors?
I'm beginning to think that all of these rumors are just that, rumors. There seems to be very little chatter at Frito-Lay HQ and that's unusual prior to a big announcement. The only rumor that seems legitimate is the one where Frito-Lay will be... — read more
Any update on the 2/14?
What happened whit the story that reorgs begin 2/14 and that cut will start at that time? People have been talking about that left and right, but now it seems to be quiet. Is that scenario still probable as people said it might be? Any update on... — read more
New to PepsiCo
Been here less than a year - and now I see everybody is talking about something major that's about to go down. I'm going to guess that my job is in jeopardy, since I'm assuming I'm among the last hires. Is that how it works here - last in first out?... — read more
Layoffs - Simple Math
For those of us in North America, it's a matter of simple math. I'm assuming we all follow the same PDR schedule... Mid February is earnings and close or P2 - make some announcement during the earnings call to make wall street wet - announce a... — read more
Any ideas on numbers this time around?
As the February culling time-frame is getting closer and closer and more and more indicators point to a repeat performance, do we have any idea how many will be affected this year? Around a thousand once again? More? Less? It would be nice to have at... — read more
Any reorg news from AMENA?
After Mike Spanos announcement on reorg, things seems to have gone cold. Any news from there folks?
This is only the beginning!
Regardless of what happens this week or next, this only the beginning. Rumors are that a team is being put into place to identify jobs/work across all functions (Marketing, HR, FInance, etc) that can either be outsourced or consolidated. Either more... — read more
Days Ahead
So, why did I put in 60 hours this week? Salaried, so no OT. Oh, that's right, loyalty to a company that had no loyalty to me. I guess i'm a glutton for punishment. Rooms are booked at HQ sites. The field (pepsi anyway) will be highly affected. Half... — read more
Layoffs abound, InfoSec still bloated and hiring more
In the midst of yet another round of layoffs, we have the continual growth of one of the most over-funded and worthless organizations in the company - Information Security. They just announced the hiring of a VP and Deputy Chief Information Security... — read more
Bonus after being laid off
I'm sorry if this was asked and answered, but I couldn't find it on here. Do people still get their bonuses even if they are laid off a few weeks prior? Somebody in another thread mentioned that layoffs in February happen to avoid having to pay out... — read more