Is pepsi uses 360 degree performance appraisal system?

PepsiCo employs a variety of performance appraisal systems, including elements of the 360-degree feedback approach, which gathers input from an employee's peers, subordinates, and supervisors. This comprehensive feedback helps provide a well-rounded view of performance and areas for improvement. While specific practices may vary by department and region, the integration of 360-degree feedback is part of their broader commitment to employee development and performance management.