It’s not a he it’s a group. These plans were in place before the Elliot group got involved. Plans in place thru 2030
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VRP are most likely done with the new activist investor taking over. He is the one taking the company cars. Time to save for that day that is coming. Ramon & Ram can’t dig us out of this and have only made it worse
It’s too early in the year for those discussions. When PepsiCo starts merging Pepsi and FL the VRPs will be a part of the process. Late march / early April
You spelled, "smell" wrong.
@b3 great point- Elliott will want clean cost reductions and standard few weeks of severance. Management could have saved a lot of people with VRP last year. Missed opportunity.
They want to cut costs but they can only reduce headcount by laying off people that want to keep working not people ready to retire, that will help ensure poor OHS for years to come too.
Makes sense.
The update is there will never be another one, Elliott won't allow it.
Cross my finger!
Heard nothing, but know some that would take it (Plano S&T).