Bye Vamsi! Hope you feel great about wasting tens millions of dollars on a website that didn't perform and contributed to multiple layoffs. PS. For thelayoff.com Administrator when. Vamsi is the CTO and therefore I'm allowed to say his name without... — read more
What does FTD's bankruptcy mean for member florists?
What kind of an impact are we going to see? This is specifically focusing on member florists and how they will be affected by the changes that will be implied after the bankruptcy is full completed. Please share any info you have, there is a ton of... — read more
EVP’s. New owners
What do the EVP’s do? More specifically Moeller, zips, Heath bar, Ziegler’s, etc. on a daily basis? I mean is it just meetings? Does anyone back there realize that our members are tired of being nickeled and dimed? Are the new owners in house? What’s... — read more
Here is Access to the Bankruptcy Filings
https://omnimgt.com/sblite/?clientId=CsgAAncz%252b6YQZBg%252f44kd7BuPNbTvwkyFePAXBMiWh%252bxyMrXK12%252f4L8P4%252f631zV6I5fkOBXdAwwk%253d
Rumor has it FTD is having negative "but true" posts removed from this site with threats of legal action
It's too bad that FTD leadership is focused on obscuring the truth rather than addressing their resolvable issues. How about having one of remaining Managers stop by Sam's or Costco on the way to the SD office to pick up some TP.
Company has received some funds
https://www.prnewswire.com/news-releases/ftd-companies-inc-receives-court-approval-of-first-day-motions-to-support-business-including-member-florists-and-business-partners-300862934.html
TP
Looks like HR removed the post talking about how the San Diego office doesn't have janitorial budget, including bathroom supplies
FTD Companies: Chapter 11 Almost Certainly Will Zero Out Shareholders
https://seekingalpha.com/article/4268692-ftd-companies-chapter-11-almost-certainly-will-zero-shareholders
The Long Arc of Justice
I have been a sales guy to about every player in this vertical for about twenty years and being a sales guy who pours a heavy drink or two, I made many friends at Provide, FTD and even Teleflora, 1800Flowers and the Newer startups. Here’s my take:... — read more
FTD is having a fire sale, the stock closed at 19 cents a share today.i
FTD's stock was as low as 13 cents a share today mid trading session. I can't figure out who in their right mind would even pay 10 cents a share for a company that is actively liquidating every profitably part of their business. The building is... — read more
A lawyer and an IT guy walk into a bar...
That's what you get when you try to run a company with zero business expertise. Who thought it was a good idea to put the lawyer and the IT guy with no experience running a P&L (or marketing for that matter) in charge of the company. What could go... — read more
Local paper on the layoffs
Here's what the San Diego Union-Tribune reported this morning: https://www.sandiegouniontribune.com/business/technology/story/2019-06-03/legacy-e-commerce-brand-proflowers-to-shut-down-san-diego-office-laying-off-167
Where FTD went wrong
I am a former employee of four years, majority of the time in the DG call center and a short stint in DG member services. 1) Hiring out to the Philippines. In theory it saves money but no one wants to talk to someone in another country! Not... — read more
Chapter 11
https://www.prnewswire.com/news-releases/ftd-companies-inc-files-voluntary-chapter-11-petitions-to-facilitate-completion-of-strategic-initiatives-300860381.html
How long could these layoffs go on?
Think this is a question that many of us want to know the answer. So, does anyone know how long will this go on? Any rumors or info on that subject that some of the folks on this board could share ?
Severance Payment
What kind of severance payment is offered? Also, is it possible to negotiate the severance?
It's a bad sign for the company when there's layoffs and the stock goes down...
Anyone remaining, keep that in mind.
ELT bonuses better not get paid...
In public filings, it shows big retention and transaction bonuses to be paid to the clowns Jay & Scott and other ELT. That better not happen, since they are the ones that drove the company in the ground.
They should be ashamed
FTD took a successful, well known, employee loved company and ran it into the ground. They had no idea what they were doing and hence the end of an era. Hope DG management gets what they deserve. They've ruined so many lives in SD from the day they... — read more
Anyone know, does the WARN act apply here?
https://www.shrm.org/resourcesandtools/tools-and-samples/hr-qa/pages/californiawarnnotices.aspx
Good luck to everyone laid off!
There's plenty of better jobs out there, with a company that will not lie, cheat and steal from their customers. You'll all do well and I wish you all the luck.
FTD is officially dead
It was awesome working with you all.
Sinking ship
Only a matter of time before nothing can save them! What a shame. Management is who needs to go
200 positions laid off in San Diego/DG/CHI
PF restructuring. 200 ppl laid off.
New Business model?
New type of flower to add to the portfolio? https://www.chicagotribune.com/politics/ct-met-illinois-m-r-j-a-a-legislation-senate-20190529-story.html
Non Compliant with NASDAQ
https://finance.yahoo.com/news/ftd-companies-inc-receives-nasdaq-200500651.html
The HR thanos snap is starting
One of the floral designers got the boot.
Almost back to $1
The stock is inching back. Maybe it won't be delisted.
Looks like some investors are exerting control
https://seekingalpha.com/news/3462740-ftd-plus-6_5-percent-key-shareholder-plans-approach-management
With MDAY Coming to an End, Any Predictions for Next Week?
Now that we are wrapping up MDay, any predictions for next week and when we'll find out what is happening with the company?
Joining FTD as full time employee
Hi , Recently I got employment opportunity with FTD companies. With current company situation / financial position is it safe to join this company?
Stock has been noticing back recently.
Did market hear any rumor?
Bankruptcy paperwork update
Any news on when bankruptcy will be filed?
1 Week left?
It has been officially 25 days in a row that FTD's stock has been below 1. Does this mean that bankruptcy will be filed and jobs will be lost by next Friday?
What's being said?
What is the message the "CDO", "CTO", and "CEO" are saying? Haven't been there for awhile, but I'm worried about friends who are still there.
AAF
Well FTD has lasted longer than the AAF