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why is Pepsi dropping 3% of it's work force?
http://finance.yahoo.com/news/pepsico-cut-8-700-jo...
Those greedy bastards! They are going to fire 8,700 people rather than cut back on advertising, (that they admit is one of their biggest expenses).
Coke is facing the same issues but it's not firing anyone.
7 Answers
- Anonymous9 years agoFavorite Answer
Your question is well taken. Stock holders demanding more. So they screw the
bottle plant. Double up on the trucking routes. Kill off those who are still employed.
The left said the unemployment rate fell last week. Think about this.
Pepsi just kissed off 8700, American Airlines 13,000 GE another 11,000
that is just three entitys. So whos numbers do you believe. Obama is just one
huge lying individual.
- Anonymous9 years ago
"Like many companies of all stripes, Pepsi is facing higher costs for materials it uses to make, package and transport its products, including sugar, corn and aluminum. Pepsi and many other food and beverage makers raised prices last year to offset the higher costs. But consumers are still cautious about spending in the uncertain economy, so some companies are moving on to Plan B: cost cutting.
Pepsi rival Coca-Cola Co. announced its own cost-cutting program on Tuesday, although Coke did not say it was reducing its workforce. For its part, Pepsi said "tough decisions" needed to be made because it expects 2012 will be the second year in a row that it will encounter higher-than-average costs for commodities."
Dude, it's YOUR fault....you aren't drinking enough Pepsi or eating enough Lay's chips!
- justaLv 79 years ago
Gee maybe we need to give them a bigger tax cut?
That's the answer to everything according to Republicans.
I hope those people switch to Coke and leave Pepsi with three percent less sales.
- Anonymous9 years ago
Thanks in part to BHO increasing the ethanol mandate raising the price of corn that pepsi uses to make soda from 2.00 to 6.00 dollars a bushel.It also has raised food prices for the entire world now that is hope an change you can believe in.
Source(s): Farm Jeural - How do you think about the answers? You can sign in to vote the answer.
- ?Lv 79 years ago
The thing to do is to boycott all greedy corporations that treat their employees like those of a 3rd world Nation.
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- JoeLv 69 years ago
Blame Obamacare, as it will significantly increase costs to both employers and employees while it adds $1.3 trillion to the national debt every single year.
- Anonymous9 years ago
I blame Red Bull.