Layoffs happen!!! Its not some big conspiracy against you personally. Every company goes through cost cutting from time to time and PepsoCo is no different. Im so tired of these woe is me posts on here. Put on your big boy pants and move on! PepsiCo is not the big bad you all are painting it to be - its just a company that needs to improve its profits. Thats it.
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The OP has the whiniest post in this whole site.
Hey OP, good luck staying in your HR sh--hole cubicle at Pepsi. Your department is the least respected in the entire company. What type of training do you hr gals (and g-- men, didn't forget about your LBGT initiative Indra!) get? bc all of my interactions with you were piss poor. I've had livelier conversations with the homeless woman downtown and she's actually more attractive!
The problem is some of us still gave our leaders the benefit of the doubt and thought they were looking out for the best interest of the employees as a whole. Now I can see how foolish I was after being shown the door and yes at my age it will be tough but I blame myself for getting too comfortable and believing the nonsense from our senior management team and thinking that my efforts and contributions equated to career advancement and security.
All of us 50+ can't just wallow in self pity and have to brush ourselves off as we still have a lot to give back to the world. It's a tough lesson we learned from PepsiCo but it doesn't end here.
Those of you that survived, congrats but they will be coming for you too sooner or later. You never know when. Don't put off the inevitable and start preparing for your exit TODAY.
Sorry about posting the same reply multiple times. I kept getting "500 Internal Server Error" every time I posted, so I kept trying. This layoff site is beginning to crumble from such an overwhelming amount of high activity today.
I would guess the OP has never worked for PepsiCo and just wants to instigate a flame war. Posts like this serve no purpose other than to increase the noise level. If this person is tired of the woe is me posts, then stop reading them. it's like the old Woody Allen joke where he says: "The food is terrible and the portions are too small."
OP : Read this thread
https://www.thelayoff.com/t/RKZ2HDC
Please consider the way you're talking. I Understand your POVs, but many people are going through tough times. I'm an actual Pep employee, and understand under market conditions we operate. Although understand why these things happen, still we need to be very sensitive and respectful for all those who left the company.
If you weren't let go and you have any type of integrity just leave the company. The only way to survive at Pepsi is to be a snake. I've seen it over and over again with many people let go over the years. Your bosses and even your colleagues have been bad mouthing you no matter how nice they seemed to you. See who was protected in your divisions and you have a pretty accurate list of the guilty parties. They will get what is coming to them.
The biggest cost to the company is our leadership's desire to spend $15 billion over the next three years just to buy back our shares to keep Wall Street happy. Not a single penny of that money will improve our market share, bring new innovations to market or benefit tens of thousands of employees who do not own stock or receive stock as part of their compensation package. So while we are all forced to march to the "Smart Spend" drum this company is spending the equivalent of $57,700 per employee worldwide.
"Just a company that needs to improve profits" is an amazingly shortsighted statement. Its much larger than that and the thousands of people that execute the strategies sent down from sr. leadership pay the price when sr. leaderships strategy is not effective. Ineffective strategies from the big bosses means not enough sales and not enough profit to report out in the hyper competitive market and the orgs shareholders. Without the sales they lack profit and have to free up cash somehow and they do it by laying the people who carry out their sh--ty strategies out. Corporate BS...I was very excited and eager when i joined PEP 3 yrs ago, very hopeful for a long promising career after they flew me around lined up car services for me from place to place and gave me all the autonomy i could ask for. A little bit at a time i realized i was being blinded and handcuffed. I delivered every single result they asked for though..just had to work around gaslighters and hyper competitive ego-maniacs that had a fierce will to win but didn't care how.. Perceptions are big everywhere but I've never seen it like i did at pepsi. B2's B3's flying at 10000 ft being fed narratives by their favorites. Unwarranted promos to the loud mouths without notice, headcount granted on the side, p&l manipulations to make their BU look good, incentives ever changing, being told leadership will support me only to be told my role is being eliminated. I wasn't a problem employee and I led successful projects/teams. I worked my a-- off for this company for many reasons including my 2 young kids and wife. Before , during, and to this very second neither my direct leader, nor my first leader ( from year1 who was my bosses boss a b2) , have given me the common courtesy of reaching out with a quick "hey, just checking in". They are both familiar with my family. These people are not good humans. They will get whats coming to them eventually. Those of us that got the tough news yesterday are better off.
Without a doubt, HR giving the corporate spill. You without a doubt have no idea about what real life is about. I worked for PepsiCo for 35 years and saw many fine people pushed out because they stood with their principles, integrity and character and refused to swallow the corporate trash that HR folks pushed down the pike. Please, go tell your trash to your boss, they will be the only one that buys it.
Just a troller looking for a rise. People planned their retirement to include their pensions. Now, PepsiCo wants to reduce their pension liability. Not so much because PepsiCo is in trouble. Rather because leadership sees it as a way to distribute greater wealth to the shareholders. You see why people are ticked off? The times at PepsiCo are changing and we as employees are not as valuable as we once were. I suppose this is the case for many companies. Still.... It is incredibly disruptive especially for those less than 10 years from retirement. Hard to make up that time after you’ve invested in it. Perhaps the “golden handcuffs” we call a pension are are doing more harm than good these days.
HR or compliance for sure.
Lol how did you work 15-20 years with that golden pension and be left with very little retirement. I've seen the buy out offers for the pensions and they are plush especially considering how little you had to contribute each year.
You are the most insensitive jerk ever. Consider the many 40 + white males (predominantly) who have worked their rear ends off for 15-20 years and left with very little retirement. Too late to get that time back with little rewards. Life will go on but hopefully karma will catch up with you personally.
Corporate pretty s--- up. We,all know and deal with the type. How dare you lecture people that have been betrayed by a company they have been loyal too. #stfu
#Comes to site where people whine about being laid off, whines about people whining about being laid off.
You work for HR? Better yet, maybe you’re a compliance “officer”
Did you get laid off and will soon have no way to pay your mortgage and feed your family?
I bet you didn't.
Pretty easy to talk like this when it didn't personally affect you. Stop being so insensitive and ask yourself how you'd feel if you lost your job and will soon be out of money.
Fool.