With so much talent booted today, especially from the mgmt and R&D stand point, Pepsi will have hard time going forward. I just do not see how the company will be able to turn things around - it surely feels like things are not getting any better -... — read more
SERB (Special Early Retirement Benefit)
What internal resource can I use to find more info about SERB? Please share.
Interesting Observation????
I (a white man) and 10 of my highly decorated colleagues (all white men (mostly over 40) were laid off today. I saw another post on here pointing this same trend..... In an org dominated by women "leaders," which I am all for, it is highly suspect... — read more
Gatorade move to NY ??
Rumor is that Gatorade business is moving from Chicago to NY Can anyone from Gatorade confirm ?
Are severence packages including a bridge for pension eligible employees?
If so, what are the criteria to get a pension bridge?
Under 1% is a MANIPULATION and an Insult to Those Laid Off Today
Up front disclosure, yes I was laid off today and my family is absolutely devastated. But Indra saying they were only laying off less than 1% is manipulation. The reality is that PepsiCo is laying off a staggering 10% of corporate jobs (i.e. HQs in... — read more
Who is getting the bonus payout?
Just curious to see who you guys think will get the bonus payout Al Carey mentioned today? Is it just to those who make and distribute product? What about customer service, MEM, etc?
Pepsi loses its fizz
Could the layoffs and 4th quarter income losses be related to Hillary losing and the executives needing counselors to just go on with their lives? Or, was it because of people like me declaring to never buy another Pepsi product?
these people needed to go
not sure about other locations but the ones who were cut here needed to go a long time ago. i know a lot of people are upset, but in my opinion this was a good move. how do you expect a company to survive without cutting its dead weight? some people... — read more
Full Wall Street Article
For all of you that cannot see the article due to a pay wall - here is the full article covering PepsiCo layoffs today. It was published on Tue 2/13: ++++++++++++++++++++++++++++++ PepsiCo Posts Flat Sales, Plans to Trim Jobs The beverage and snack... — read more
Remember the Confidentiality Agreement You Signed?
I am appalled with what folks are discussing here – there is a lot of confidential PepsiCo information here. This information is proprietary to PepsiCo, henceforth it should not be discussed in a public forum like this. Discussing layoffs in public... — read more
How many over 50?
It looks like age was the main determining factor in these layoffs. Oh, I am sure there were just enough 20+ and 30+ employees to avoid age discrimination suit, but on the whole, this looks like a cleansing of the old guard. Really sad to see the... — read more
I don't buy that only 1% of workers are being cut...
I know that 1% of the US workforce is about 1100 people and that almost all of that is happening at Corporate, but based on the numbers I'm seeing just in Purchase and have heard about happening in Chicago, I'm guessing that 1% is some shady math... — read more
PepsiCo Health Insurance
what are the options for health insurance after you've been laid off? do we get to keep it a few months? how about COBRA prices?
Stop it already
You have a legal and 'at will' contract with the company... Knowing this going in means you should expect to be terminated, plan accordingly, and don't blame the company, its just business, there is nothing personal, we are in this game to make money... — read more
PepsiCo Changed
Miserable place to be for the last few years. I still haven't recovered since getting kicked aside in 2017 after more than 20 dedicated years. The queen and her minions should be ashamed of what they have done to a great company and the dedicated... — read more
View only posts that had recent replies
There is an "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies.
When I was severed from PepsiCo...
... I got a call from my boss to go to a conf room ~ My boss, his boss & HR were in the room ~ I was given a folder that had my salary (double check to make sure it is correct bc mine was wrong) if your salary is NOT ACCURATE tell them immediately... — read more
Forgoten People
It is crazy how quickly a laid off person becomes nonexistent. No one will contact you to see how you are doing. None of your so-called friends and coworkers will mention your name. A manager in my group joked about all the empty offices being... — read more
Any word if 2017 bonuses are being paid out to those let go?
Would appreciate if someone can shed some insight. thanks
Cut heads and give bonuses
Check out this article. They are playing all sides: Cut jobs Give $1000 bonus checks to certain people ( only ones that make and deliver product ) Buy stock back NEW YORK (AP) — PepsiCo reported flat revenue for the last few months of 2017, and said... — read more
Simple Executive Logic
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.