With jobs moving to Mexico and India at lightning speed, I'm sure companies like PepsiCo have a solid plan to ensure US consumers can still afford their products. I mean, who needs a thriving middle class, right? Guess we'll just have to rely on... — read more
Radio silent
It seems that this reorg was mainly corporate. Very little in the field (sorry to those impacted). It went from building consolidation, massive layoffs etc to very few. If this is the end FOR NOW they should announce that.
Should I aspire to finish my 10 year career at PepsiCo?
When I started here, most of my mentors told me this was a great place—pensions, growth potential, the works. Now, everyone who's still left is straight-up telling me to GTFO. The plan seems to be constant reductions. What used to happen every few... — read more
Anyone seen new region map
Just curious. Hears we are moving to new Region
I survived
For now, no new assignment—just a new manager. I've had a great few years here, consistently handling the workload of multiple people day in and day out. With the next review round coming up soon, I guess I need to really sell myself to have a shot... — read more
Sku rationalization
Any views on what sku to be cut? Retail and foodservice or just one? The 20% in the announcement? Paired with Quaker sell off counts as those sku out?
Long Overdue
The restructuring this week forced on PEP by Elliot was a long time coming. I was in the market today and Lay's PC was 42 cents per ounce and the HEB label was 28 cents. PEP is charging almost a 50% premium for a product that is no better than HEB... — read more
Calls going out
Heard there were calls today and some scheduled for tomorrow. Maybe just maybe we will find something out after a week of wondering. Who thinks this sh— up.
I guess it’s time to ramp up the job search
If it’s true that we’re heading into a phase of rolling layoffs lasting through the end of February, then the chances of losing a job go up significantly. The earlier you double down on your search, the better your odds of landing at least one offer... — read more
Coke CEO to step down
Meanwhile, KO's CEO to step down: https://www.fooddive.com/news/coca-cola-chief-james-quincy-exits-after-9-years/807630/
Most cuts appear to be through
From what I can tell, the majority of the cuts seems to be behind us now, and the only ones left are probably those they never managed to get in touch with during the opening stretch (out sick, vacation, or whatever). Everything at this point feels... — read more
Very poor Reorg handling
This has been the worst role out of a Reorg in company history. Many people still don’t know if they have a job!
Mostly older employees affected
Has anybody else noticed this? Not all, I know a few recent hires who were also laid off, but most of the people I know who were shown the door are at best in their late 40s and mostly in their 50s and above. I'm not surprised if the goal is to get... — read more
Horrible business model
Nowhere is safe in this economy but in over 7 years with PepsiCo my conclusion is this company is one of the most unstable I’ve ever been associated with. And unlike some that made cuts for somewhat plausible reasons - like industry downturns... — read more
Can anyone confirm whether layoffs will drag on into Monday?
We know so little about what’s actually happening. The rumors are endless, and I’ve heard from several people that most cuts will wrap up by Friday, with a few lingering into Monday. But I honestly have no idea if that’s true.
Adrift under clueless Ramon, PEP now is like Kraft Heinz, not KO
In my 15 years at PEP they've been beating into my head that "we've got to beat KO". Well, look at PEP vs KO stock performance over the last 5 years. PEP has no strategy and schmucks like Elliott can boss it around and tell it what to do. What a... — read more
Body Count Day 1-3
Which teams have been hit and body count?
Golden Rule
Just a reminder to all of us during these uncertain times.
It’s so quiet it’s scary
They must still be secretly working on stuff behind the curtain
After 24 Years at PepsiCo, Here’s the Truth I Wish I Knew Sooner
I want to start this post by saying I am not trying to troll the site or stir anyone up. I simply want to share my insight as a former 24-year PepsiCo employee. I still have friends in the company, and I sometimes read the posts here to keep up with... — read more
Made it through round 2, 3 rounds left
2 days into the ridiculous new Pepsi plan. 3 to go. Hey, how are we going to hit plan next year. I’ve got an idea that I think is great. Announcement goes out on Monday about a Reorg. Then let’s fire 15 to 20% of our employees, doesn’t matter if... — read more
Wtf is happening
I’m sick to my stomach with this bullsh!t
PepsiCo Wants to Boost Sales, Cut Costs. The Street Is Doubtful.
PepsiCo investors are unimpressed by the company’s latest plans to boost sales growth, cut costs, and increase profits. The initiative, disclosed Monday, came after “constructive engagement” with Elliott Investment Management, the activist investor... — read more
Are the rest of us safe?
My group took a hit today, and now I’m trying to figure out if those of us left standing are in the clear. I doubt they’d split cuts within the same team across multiple days, but no one has said anything official yet, so I’m guessing like everyone... — read more
Restructuring dates
Changes expected through February 2026
Is Canada massacre over at the EOD today?
Mississauga HQ associates were asked to wfh Monday-Tuesday. So it's all over at the end of the day today?
SILENCE OUT HERE
I've known this guy for over 20 years. He used to reply to my texts instantly, even on weekends. I know his family, etc. But now he's ghosted me and left me on read. I sent another note, and he ghosted again. How threatened are the higher-ups to... — read more
Is severance what everybody expected it would be?
No unexpected changes?
Another article
PepsiCo Signals Imminent Layoffs with Work-From-Home Mandate PepsiCo appears to be the latest major American corporation preparing to reduce its workforce, with reports indicating that job cuts in the United States and Canada could be imminent... — read more
Leadership being this vague and uncommunicative really worries me
Even in the media. Nothing remotely concrete. It makes me wonder if the damage is going to be worse than we originally thought.
Where is the transparency???
This is the weirdest layoff round I had to go through in my life, and I've been through more than a few. What the he-l is even happening? All we know is that some people are getting cut, but how many, where, when it will be done, or anything else is... — read more
Chime in if you the call yesterday or today
Checking to see how much change is happening
TDC Townhall
We just had a TDC Townhall and everyone was saying kudos to everyone. While recognition is good, we also received word from our TDC leaders that there is a 20% cap on the number of TDC associates who can receive a rating of for 2025. If things were... — read more
Reorg Tuesday
What’s happening today? I’m hearing very little. I know calls are taking place with some groups. Please share
Sale of Quaker?
Will this be the next move per pressure from Elliott?
PepsiCo to cut prices, eliminate products as part of a deal with an activist investor
The investor said PepsiCo is being hurt by a "lack of strategic clarity." Do you agree? https://share.google/ozB3fXLWDmuBn5x5r
This is what happens when you are an incompetently managed company and don't realize it
PEP just chugging along with their failing "business as usual" strategy of ja--ing up prices, shrinking the bags, making the same old garbage and producing a negative YTD return while the market is positive 16% and hoping no one will notice. Well... — read more