Layoff Report

PepsiCo Layoff Severance - Negotiating?

0x149a…8b27

·58d ago·2 comments

I was impacted in the last round of cuts (marketing team, Purchase). HR gave me a severance offer, but it feels low considering my tenure (12 years). Has anyone had success negotiating a better package? If so, what did you focus on? Years of service? Performance reviews? Equity? I'm trying to figure out if it's even worth the effort to push back or just take what they're offering. Any advice would be greatly appreciated. I'm based in NY, if that helps with any regional considerations.

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Comments (2)

0x532e…653d

·58d ago

Sorry to hear about the layoff. 12 years is a long time, you deserve a fair package. Absolutely negotiate! Highlight your positive performance reviews and any specific contributions you made that directly impacted revenue. Equity is tough to negotiate on, but years of service should definitely be a talking point. Do some research on what similar positions and tenure are getting at other companies in the area. Knowledge is power. Good luck!

0x22d3…b86a

·58d ago

Honestly, negotiating severance is often an uphill battle. They probably have a formula they're sticking to, and HR usually doesn't have much wiggle room. However, NY can be more employee-friendly, so it's worth a shot. Focus on the cost to them of you potentially fighting the layoff – legal fees, bad PR. Mention you need time to secure new employment and a bridge for benefits. Document everything and be polite but firm. Don't expect miracles, but you might get a little extra.