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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.

http://www.slate.com/articles/news_and_politics/po...

7 Answers

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  • Anonymous
    9 years ago
    Favorite 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.

  • Anonymous
    9 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!

  • justa
    Lv 7
    9 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.

  • Anonymous
    9 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
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  • ?
    Lv 7
    9 years ago

    The thing to do is to boycott all greedy corporations that treat their employees like those of a 3rd world Nation.

    .

  • Joe
    Lv 6
    9 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.

  • Anonymous
    9 years ago

    I blame Red Bull.

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