Topics regarding layoffs at Advance Auto Parts Inc.

Topics regarding layoffs at Advance Auto Parts Inc.

Work culture decline

Ever since engineering decision-making was shifted to the India office, the work culture has noticeably declined. Some individuals there seem more focused on personal gain and career growth rather than respecting colleagues. This has created an... — read more 


Fat Cats win, employees lose!

The fat cats at the corporate office will walk away with nice bonuses and everything whereas the workers in the stores are being cut. This is typical with a big company. They take care of their executives, but they don’t care about the little guy who... — read more 

Layoffs?

Stocks have plummeted since the 1.95B debt refinance has been announced. Any word on more downsizing after Q2 earnings release?

Stocks!

Stocks jumped after earnings report. Layoffs are now on hold to see what next quarter brings. Full steam ahead!

Layoffs

Any more news on additional job cuts besides hours being reduced?

401k Question

A former employee here, can someone tell me who manages the Advance Auto Parts 401K account? Such as Prudential, Fidelity Investments, etc. Thank you in advance

IT Leadership Change.... Is it really?

After seven years Sri Donthi finally leaves,,, or was he pushed out? He outsourced all of IT to his friends and relatives in India, even opened Advance an office in India. With his departure they announce his replacement Shweta Bhatia, guess where... — read more 

Advance Auto Parts is a joke

How can Advance leadership and Board live with themselves. They are clueless how to run a Auto parts aftermarket. They don't understand how, AutoZone, O'Reilly's, NAPA and all the other independents are kicking their butts. It's only time before... — read more 

by
| 1810 views | | 8 replies (last March 13, 2025)
Post ID: @OP+1vJji7oZ

Cams are next

So just like before we got information ahead of the closure of the 700 stores and also the workforce being laid off. Next round of layoffs are going to be the cams. Each cam will have right around 20 stores. Going forward. It's probably going to... — read more 

3rd Rate Company with 3rd Rate Leaders

Layoffs are tough, but what did you expect. AAP has been nothing but a turn around story for 10 years. The call today was a concerning to say the least. WorldPac gone and over 700 stores closing along with 4 DCs. All the effort to get out West... — read more 

by
| 1110 views | | 1 reply (November 16, 2024)
Post ID: @OP+1vus01Ot

Upcoming Earnings

Grab your popcorn, it won’t be good! Stock heading to $28 a share and market cap under $2Billion.

by
| 250 views | | no replies yet
Post ID: @OP+1vhomJJV

Seems the new CE.n't know a thing about IT..

Should have been one of the first things he addressed, and a year later hasn't even touched IT, so most of it is gone to India, and he goes there to visit. Paying more for everything and getting garbage back..

by
| 370 views | | no replies yet
Post ID: @OP+1vdS4Z8Z

Leadership Concerns

Company is filled with bad leaders from failed companies. Many non executives are from poorly led companies that nobody has heard of. Companies that any college educated person would not work for. A lot of VP leadership and below from bankrupt... — read more 

Laying off at DCs

I understand that there are several DCs that are underperforming and are the focus of being closed down with limited opportunity to relocate. Anyone else heard this? We were told to be prepared to talk to our teams about this.

by
| 250 views | | no replies yet
Post ID: @OP+1utlheOY

Where is the Turn Around?

It is the same story every quarter and every year since AAP purchased CQ. There is no turnaround, company continues to shrink in size. CQ and AAP combined are very similar to Sears and Kmart. It will be a slow death, until they are sold or file... — read more 

by
| 550 views | | no replies yet
Post ID: @OP+1udgDglR

Availability issues

I often wonder if the reason we have such availability issues is because of the debt Greco put us in. The majority of the time it shows us FDO or no availability but the customer can call across the road to any of the other 3 part stores and it's on... — read more 

by
| 380 views | | no replies yet
Post ID: @OP+1tZswKtw

Any updates on Snowflake data breach

I heard that customer PII (names, emails etc), as well as current and former employee information was breached. Have not heard anything from the company about it and what they are doing about it. Has anyone else heard anything?

by
| 460 views | | no replies yet
Post ID: @OP+1tbJzp5O

Start a new thread - post a news comment, question or message:

: