More Businesses Failing Under Democrats
Things just keep getting worse for the middle class.
President Biden and the Democrats have inadvertently lead to this major decision.
Beverage giant PepsiCo has just announced that their headquarters-based workers will be working from home until Wednesday as they prepare to fire hundreds of their workers.
According to Fox, PepsiCo management announced a new plan to streamline marketing and centralize manufacturing which will result in hundreds of jobs no longer being necessary in Texas, New York, and Illinois.
People talk about Jack Welch being ruthless in cutting jobs. I take that over this smarmy corporatese employed by @PepsiCo in announcing layoffs pic.twitter.com/zwDeMDcJAQ
— Charles Gasparino (@CGasparino) December 6, 2022
CEO of PepsiCo Beverages North America Kirk Tanner said in a statement, “The unfortunate reality of this transformation is that it involved difficult decisions that will impact our people.”
Tanner added, “Following this message and over the course of this week, we will be notifying those who are impacted by this organizational change. While we know this change will strengthen our company, it is a difficult message to convey knowing we are making the tough choice to eliminate roles.”
“We recognize the changes will be difficult for individuals and for our teams, and we are committed to treating people with respect, care, and providing a comprehensive severance program to offer strong transition assistance to those who will be leaving the company,” Tanner noted.
PepsiCo noted that these new layoffs are directly related to how the COVID-19 pandemic played out and how President Biden’s leadership and lawmakers recommendations resulted in less jobs being needed.
