https://seekingalpha.com/article/4252067-ftd-companies-zero-looks-likely-2019
Floranext
Happened to see this post from Floranext. Basically, FTD filed a lawsuit to have them take down a blog post. https://floranext.com/on-ftd-recent-news/ Anyone see the original post?
Stock @ 0.72 and Declining
What say you?
FTD Bust Out
My theory is that FTD management paid the Trib to pick up the risk statement in the filing where it would spread like wildfire. The thinking behind this is that management has found a buyer but they want management to find ways to thin out the ranks... — read more
Liquidation and severance
In case liquidation turns out to be inevitable, what does that mean for our severances? I've been trying to find some info on this online, and everything I managed to find so far is not good for employees. Does anybody know the answer to this... — read more
IT'S OVER
https://www.chicagotribune.com/business/ct-biz-ftd-possible-liquidation-20190318-story.html
FTD stock 1.62 vs 1-800 18.02
Good job management! What's next?
Proflowers vs. FTD
Can someone on this board explain to me why Proflowers seems to be running the company? I thought FTD acquired Proflowers in 2014. Why is San Diego even around? They keeep advertising the proflowers brand but keep losing money on it. Why??? Just look... — read more
So in your opinion, What drove ftd down?
I work at mtac and I think it was not developing any platforms until we started to go in the red.
1800
I'm not at FTD anymore but I hope for all of your sakes it's a good holiday, good luck on vday! 1800 believes they can drive FTD out of business. https://seekingalpha.com/news/3428100-1minus-800-flowers-com-raised-fy2019-guidance
OMC / Membership Layoffs
Five people got laid off last week.. Three were from membership and 2 from OMC.
Layoffs confirmed after V-day
Hey, So the layoffs are gonna happen after vday, the .COM call center will be hit first then directory. They wanna have the overseas staff trained before mothers day.
Next round?
I heard a rumor that if the stock continues it's trend there might be some more cuts even before Xmas to attempt a boost before the beginning of the year (note, this is not substantiated).
Google cloud
We should be frightened of this. If this happened during Valentine's Day, Google unilaterally shutting down and deleted all services, it would be doom... — read more
PC sale?
Rumor is it's back. Anyone have anything to share?
Seeking alpha
This guy understands the FTD business well. https://seekingalpha.com/article/4223217-ftd-companies-deserves-dead-cat-bounce
Stock grants
Looks like the sale discussions are going well. Levin got granted 750k shares and 40k a month raise.
Don't believe Glassdoor reviews
HR has been trying to up the glassdoor reviews score by posting fake reviews, Careful they try to spin it all positive.
Stop focusing on short term
The right direction is not laying off senior people and hiring fresh out of school kids who have no knowledge what the organization needs, or keeping old management who does not care about morale or the development of the staff. There was a time when... — read more
Are you part of the next move in the "right" direction?
Can you answer yes to any of these questions? Have you started within the last year and missed commitments, failed to deliver or have been over budget on projects? Or just not "catching on"? Are you the weakest contributor on your team, is it very... — read more
RIP stock
stock might drop down to 1.50, Thanks executive management.
Anonymous discussion
This site seem to get a lot of traffic based on the views. Anyone have any guess on the future they'd like to share? Should we expect an Exodus, turn around, or fire sale? Anyone feeling good or bad and wanting to vent?
More coming?
There's a rumor going around that there will be another massive round of layoffs before Valentine's Day.
This was not a fun weekend
Between mourning all the people we lost last week to layoffs (some of our best workers were among them) and fearing we'll be blindsided with more layoffs this week, this was one of the worst weekends I had in a while. Even now I'm up in the middle of... — read more
If you don't like it here, leave
I see layoffs have brought out the worst among us in droves. Everybody is suddenly complaining about FTD and yet everybody keeps working here. If things are so bad why don't you leave? I like working here. That's why when rare layoffs happen I'm... — read more
Severance?
Does somebody know what kind of severance was offered in this layoff round? I've heard it was changed since the last time, but the source I got it from is not the most reliable one so I'm hoping somebody here can help me out with it. Any info will be... — read more
Did anything change?
I'm not with FTD anymore, I left a year ago on my own but I still have friends there. I was searching to find more info on what's going on after reading about layoffs, and what I found is that nothing changed in the last year. It looks like morale is... — read more
Really?
It seems as if the goal to spend as much money as possible while not, in reality, adding any value? $10 million and all that's been done is a home page, and a product page at a % of traffic. Then the tech leadership gets a promotion.
this is all management's fault
we have one of the most incompetent management teams out there. first of all, they lack any kind of direction. can anybody tell me what is the goal of our current business strategy? second of all, they focus on making decisions that might have worked... — read more
I wish I was laid off
At least I'd have severance to show for it (there was severance, right?) Like this I'm stuck in a company that is going downhill really fast. The pay was always bad, but once upon a time at least I did only my job for it. Now I am expected to do five... — read more
More layoffs at FTD today?
Are we expecting more layoffs today? From what I understand, the groups that were already hit are safe for now, but those that had no layoffs are not out of the water yet. I'm thinking that Friday is not really a good day for layoffs and that... — read more
PC Employee Layoffs
What's your prediction on layoffs? Is PMALL / BBB the acquirer? If yes, what will be the magnitude of layoffs? Are you working on your resume?
Layoffs at FTD Through Monday?
They said the layoffs were completed yesterday end of day in the Downers Grove office, but word's been spreading that it will last past Monday. Not sure if this is all locations.