Pepsico to cut 8,700 jobs; 4Q net rises

Return To Article
Add a comment
  • Pagan Salt Lake City, UT
    Feb. 9, 2012 12:19 p.m.

    'I guess Obama has to reduce his job increases by 8700.' - m.g. scott | 7:50 a.m. Feb. 9, 2012

    Obama's record:

    **'Obama to promote ways for veterans to find work' - By Ken Thomas - AP - Published by DSNews - 11/07/11

    **US nets 200k more jobs in December, a better-than-expected performance By Jeff Thredgold Deseret News 01/13/12

    Romney's record:

    **'GOP rivals turn Romneys jobs record against him' - By Kasie Hunt - AP - Published by DSnews - 01/09/2012

    'A separate AP analysis found that at least 4,000 workers lost their jobs at 45 companies bought by Bain...' article

    **'Mitt Romney as job creator clashes with Bain record of job cuts' - By Lisa Lerer, Bloomberg News - Published by DSNews - 07/20/11

    "Employees who lost jobs at Bain-controlled companies more than a decade ago say they still hold Romney responsible.
    "I would not vote for him for anything," said Phyllis Detro, 68, who lost her job..." - article

    But hey (sarcasm)...

    at least this corporation was 'profitable'.

    Right?

  • m.g. scott LAYTON, UT
    Feb. 9, 2012 7:50 a.m.

    I guess Obama has to reduce his job increases by 8700.

  • My2Cents Taylorsville, UT
    Feb. 9, 2012 6:56 a.m.

    How wonderful it is to see this country growing and growing and growing in unemployment and losing jobs, NOT wonderful at all, unless you own a business and are a CEO. For a country that is showing economic growth I'd like to know what is growing besides government and unemployment and debt.

    We put people out of jobs to show business growth and prosperity and raise the value in the stock market but this kind of growth is fictitious and non productive and economically repulsive.

    The more we grow in borrowing and financial debt the worse the economy is. The next failure will be so broad destructive it will make the housing bust look like a beach party at high tide.

  • JoeBlow Miami Area, Fl
    Feb. 9, 2012 6:38 a.m.

    While CEO of PepsiCo in 2008, Indra Nooyi earned a total compensation of $14,917,701

    Per forbes, 2010 compensation was $19+ million.

    Lay off close to 9000 employees and her compensation should skyrocket.