Pros
There is only one pro of working at Pepsi and that is name recognition. If you're looking to start your career and then move on as fast as humanely possible to better things - this is the company to start at. Work at this insufferable place for one year and you can go anywhere.
Cons
Too many cons to name, but here are few: Work / life balance is horrific. Unorganized and inconsistent at every turn (literally every single team operates from its own set of rules). Push their values and moral code on you every single day, even when you try to politely opt out of events /teams. Every business decision is based solely on monetary value, not on quality of work or value of service provided (do a quick Google search for their IT/infrastructure vendor - this is a decision they will be paying for in monetary and unmonetary ways for the next 5 years of the contract). Majority of their products are genuinely terrible for you as a consumer and Pepsi genuinely doesn't care (see prior con as to why; hint $). 4-1 ratio of Chiefs to Indians. You will have literally 3 to 4 managers & directors to report to on every team, with 3 to 4 sets of rules for each one. This does not even include project managers that you give status updates to. Most employees are contractors who have been hired on full time over the years, so get ready to deal with ALOT of middle aged moms who do not have a single college credit hour to their name, let alone a college degree and who miss work constantly. Management regularly referred to certain staff as being from the "island of misfit toys". Terrible, yes - Incorrect, no. As mentioned in the title, soul crushing atmosphere and culture. This is the movie, "Office Space" come to life. You will wake up every day miserable and be around miserable people. Again, this is just a small few of the cons but you get the point. I gave Pepsico a 1star rating simply because GlassDoor does not allow you to give zero stars.
