Did you know there were layoffs at Pepsico last week in wake of their earning release on Thursday ?
Good. Glad to see they are fighting off higher raw costs instead of just raising prices and stiffing the consumer. Thanks for the find.
If you come out from under your rock, you'd know Pepsice WILL drastically be increasing prices this year. Frito-Lay has begun doing weight-outs and will raise prices in the second half of 2011. But, hey, why not let hard working Americans go, unemployment is pretty low now. I mean, it's not like the executives are cashing out MILLIONS off the backs of those they screw.I ask you this, are you aware of a single executive that has taken a paycut, benefit cut, or lost their job due to anything other than job performance?
Also, you will see this on a much broader spectrum as the "free money" has really helped our economy by inflating asset prices. Way to go Bernanke and co. way to go bravo.