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
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Topics regarding layoffs at PepsiCo Inc. (Pepsi)
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
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
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
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
$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
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
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
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
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
Already seeing a lot of changes in the banded population over the course of the last week. More to come next week, as I understand it. Everyone watch your back.
I am retired from the Gatorade plant and they lay off to do maintenance on their machines usually in the Fall. You can sign up to do maintenance with the maintenance department or get laid off. They also would love to lay off more people and use... read more
Our plant brings in hired grads from college.. lead guys have to train them how to do there job.. 18 months there gone... why not promote within and give employees something to look forward to.. not just get passed up by a 25 year old because they... read more
They're always having layoffs because of the decrease in demand. However, you need to understand that things are not as bad as they may seem on the surface - they always call their employees back well for the Quaker site it is like that I do believe... read more
Anybody else notice how many people have left Pepsico lately on their own, not due to layoffs? And I am talking about all levels, including management. What's going on? It's a little bit scary to see it happen, kind of looks like they are leaving the... read more
I'm sick and tired of the new performance pay system for RSR. They wave bonuses in front of our noses then set up basically unattainable goals so there isn't even a small chance to get even the same pay we used to get before the new system was... read more
Focus perhaps on FLNA based on the posts here on this page but as for IT - only thing that people are confirming is that open positions are not being filled (but then again there is a hiring freeze) - no one is saying that they have heard any layoffs... read more
Meanwhile the big focus in Plano is the stupid United Way campaign, managers harassing people, who are going to be laid off very shortly, to click the contribution link, not because they actually care about anyone, but so the managers can “check the... read more
If they are cutting as many people that are rumored, can you imagine what the workload is going to be like for those that are left?
Lol what do they know that we don't? NOOYI INDRA K Officer Sale at $116.50 per share. Direct 13,092,386 Jul 24, 2017 112,381 NOOYI INDRA K Officer Sale at $116.42 per share. Direct 39,635,072 Jul 23, 2017 340,449 LAGUARTA RAMON Officer Sale at... read more
Anyone know if they bridge your bonus when they lay you off? Ie they pop you at the end of November, are you just out of luck on your March bonus? My gut says yeah, but don’t know for sure.
also heard if you are over 55 no severance, if you got below a 3 on PDR you are in trouble
How often do we really have to do this - it's nuts.
I'd say a lot, but who am I to judge, right? Sales meltdown continues, if this was me I'd be fired. /
Is it really true that we may have job cuts in Purchase.
Here we go baby!!! Who's getting cut?
Was just told that layoffs will occur in large numbers just before Thanksgiving. You have to love that. Hit everyone right before the holidays. Has anybody else heard anything about this? It would be good to know if there is any credence to this... read more
Leadership within Pepsico has definitely been lacking. You only need to look at our CEO who believes she is somehow better than everyone else. The reality is, her focus on creating a lean company is the right thing to do. However, Indra has failed to... read more
After the restructure of operations 2 year ago in the field and headquarters Frito-Lay lost millions of $in productivity, as well as conversion. Frito-Lay lay managers, are out of touch and not held accountable for the losses. Frito-Lay is in free... read more
No one gets a package anymore! They convert us to Cognizant employees and Cognizant dumps us through "benching"...a practice where they pay us to find another position at another account because you've trained someone in Chennai to do your job for... read more
This is long overdue. The vast majority of managers at Pepsi hired people merely so that they could justify their own jobs. What the higher levels of management did is still a mystery. One revelation for certain is that management existed merely to... read more
We continue to cut here -10% by November. I hear each department is being asked to cut 10% of expenses. I'm also hearing the 70 rule. Add your age to your years of service. The closer it gets to 70 the more likely it is you will get caught up in the... read more
Yep, I'm hearing pretty well substantiated rumors about a November action in Plano HQ also. November seems to be the date that gets repeated among employees who overheard or know something, and around the boards I've been checking. It would be nice... read more
Anyone know whether rumor about Chicago IT moving to Plano is true? Also rumor about cuts in Sept/Oct??
Every time a new vp/pres is announced we have layoffs. How many this time?
This would be good for the shareholders, just like Nelson Peltz was who lit a fire under Indra. There is still an unbelievable amount of non-value add BS to cut all around the Pepsico empire but the current management is blind to it and/or just... read more