Thread regarding PepsiCo Inc. (Pepsi) layoffs

Incoming layoffs will be big

Started with 10% but looks like much bigger.

70 rule applies and maybe under 3. All speculation at this point.

Bumped from for info. If anybody can add to this, please do.

by | Post ID:
2118 views | 6 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

6 replies (most recent on top)

The 70 rule refers to the process of adding the employee's age to the number of years with the company. A value greater than 70 indicates that the employee is ripe for harvesting i.e. being thrown out of the company because management could not steal as much money in the way of bonus. Management, especially upper management, is only interested in plumbing the rectal depths of employees with their pe--sbefore getting rid of the now slightly damp employee.

by | Post ID:

What is the 70 rule and how is it calculated?

by | Post ID:

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 got a piece of paper..

by | Post ID:

It is, and keep that in mind if they do that. they have been sued successfully before for age discrimination

by | Post ID:

The 70 Rule appears to me that it's a form of age discrimination. Otherwise, why does Frito-Lay continue to hire college grads each summer when they don't even have open roles for them? They knew this summer that massive layoffs were coming but they continued to bring in Interns, make offers to them for when they graduate. To add insult to injury, Frito-Lay was recruiting last week for their next wave of interns. Out with the old and in with the new.

by | Post ID:

I believe this is referring to rumored Thanksgiving layoffs.

by | Post ID:

Post a reply


Related pages

kmart 88searsruby tuesdays elizabeth njwww minimelts compioneer midland txbrown mackie college phoenixsears holdings stock price todayweatherford houston locationsoil schlumbergerfrys electronic.comspirit aerosystems kinstonmarathon oil number of employeeskmart madison heights miphh stockhouston nw medical centeravaya singaporethe gap norwalk ctsubscribermailgranger stockexxonmobil irvingoptimum store lindenhurst nyxto energy incweatherford international limitedsportsmans warehpusecapital one wilmington deh&r block text messagesoutheast medical dothan alworleyparsons webmail canadaprice waterhouse philadelphiadst kcmofield engineer schlumberger salaryamerican axle & manufacturingcharlotte russe ceocbs news 60 minutes full episodescenturylink lacrosse wianadarko employeesmpc bookstorewalgreen manager salaryallergan layoffstwc columbus ohioapple store keystone at crossingthe avenue saksincabbott laboratories jobscsc stock quotecabelas tractors reviewsbac rankingwalgreens eaton ohiowells fargo locations in san antonio texaskinder morgan lpcts hiringbechtel power frederick mdtibco companycameron process systems calgaryprecision drilling trusthanes brand incjohn deere ottumwa iowaryan ringnaldsanta fe albertsonsbaxter deerfieldsears eurekaencana oil and gas denverwhat age does lowes hiresony office san diegobridgepoint educationallegis group addresslowe's corporate headquarterssears holding headquartersnordstrom locations in ctdassault systems stockumass annexwhitewave foodnational varco oilwell careers