The US market is in turmoil, as thousands of recent layoffs indicate. Soft drinks, sugary drinks, and highly processed snacks are declining rapidly in the US, and that is the primary area Pepsico operates in. The future of the company is highly uncertain. Millennials and Gen Z are rejecting their products.
The company is laying off thousands in the US and investing outside the US. Don't be conned by openings and what they tell you in interviews. Openings are likely due to employees who are voluntarily fleeing the company in droves and pursuing roles elsewhere in the tri-state area at more stable CPG companies, such as Unilever, Chobani, Kind, L'Oreal, Henkel, Philips, Dannon, etc. Plenty of other choices.
It's a highly unstable, stressful environment, and morale is extremely poor. Don't expect employment longevity here. Laid-off employees are not allowed to provide reviews and speak out, as they will lose their severance if they do so.
The company is looking to rapidly automate or outsource many business roles including sales and marketing, plus outsource manufacturing to Mexico. No function seems safe.
Sales and stock performance are increasingly reliant on third-world markets and divesting away from the US. The company is betting that it can push unhealthy products onto unwitting third world countries, slowly moving the US out of focus. This is the only thing propping up the stock price. This constantly weighs on your conscious.
The company is not being open with both consumers and investors about the detrimental health effects and chemicals of their products/processing, and dishonest about the overall future expectations for the company. Only a matter of time before the SEC and/or FDA catches on and delivers a huge blow. - Elitist executives regularly joke about pushing unhealthy products and habits on households in the US heartland and southern states, and on minorities in cities.
KACC, (Kaveh Aluminum Can Company) Aujan Industries, Coca-Cola & Pepsi are partners of a group of companies producing aluminum beverage cans and variety of fruit juices, beverages, and famous sodas. (KACC) is a joint venture between "Shiraz Dina/ Neysun Shargh Company who are representing Pepsi,” (Pepsi brands, Pepsi, Miranda, 7UP, etc.) "Khoshgovar Tehran Company representing Coca Cola", (Coca Cola brands, Coke, Zero, Fanta, Sprite, Canada Dry, etc.) and "Aujan Industries," who together are the fillers of Aujan brands, (Rani Fruit juices, Barbican, Vimto, Hani, etc.).
Aujan corporate history goes back to more than 100 years of being in business with operations in 15 regional locations, brand presence in over 50 countries, and more than 2,500 employees worldwide. At KACC, as the first and “one & only” Aluminum Can Manufacturer Company in Saveh, Iran, we manufacture variety of two pieces aluminum cans for our partners as well as many other customers. It is a great company owing its international success to honest hard work using top international talents.
While I am appreciative of the opportunity you gave me to work for you, the mentality that PepsiCo is the only place to work in town is only going to give good workers an attitude problem. Promote by competence instead of politics. Quit letting departments dump their work on other departments. Quit taking away from your employees to pad your bottom line.