This is only if the proposal to close all Max stores is approved. The current cost analysis shows the company will never be able to afford changing all the stores over to the name Office Depot. The talk of closing all Max stores was floated around... — read more
30%
30% of the company is being laid off.
Layoffs
I am hearing rumors of layoffs/restructuring today???
HUGE layoffs at Office Depot HQ in Boca Raton
Operating budgets slashed. All company-sponsored travel cancelled. Layoffs on Wednesday as high as 30% of workforce. Board meets Thursday. New CEO likely to be announced on Friday.
Cutting payouts for Square/TDS?
I heard from a friend who still works for the company that they are changing the pay outs for Square Trade & TDS in 2017. The only way you will get anything is if you are in the top 500 in the company you get 5% and if you are top 100 you get 10%. So... — read more
The company said lower occupancy costs and fewer selling, general and administrative expenses like PAYROLL helped offset declining revenue.
Office Depot's profit buoyed by cost cuts Office Depot Inc. said revenue fell 7% in the latest quarter as demand remained soft, but profit grew as it slashed costs by closing stores and as it booked a hefty tax benefit in the quarter. Shares rose... — read more
Office Depot Complaints and Reviews pissed consumer No a second register..
Office Depot - NASTY AND LOUD MANAGER OFFICE DEPOT AT 3600n.w.Lejeune rd miami springs, fl 33166, Nov 8th Today the lines were too long and there was only one person at the cash register,i went looking for the manager "CHARLES" and in a nice way i... — read more
Glad to see that phone repair is working out
Office Depot Complaints and Reviews and pissed comsumers-Nov 16 Yep they are thieves and liars and would't take responsibility for anything they do wrong.I took my iPhone here to get my cracked screen replaced. The same day I picked the phone and I... — read more
Office Depot Faked Malware Infections on New PCs (Report)-breached trust
Security researchers, vendors and everyday users usually work together in order to keep their computers safe and thwart cybercriminals. But according to two damning reports, the retail chains Office Depot and OfficeMax may have breached that trust... — read more
Way to go Michael R. Allison!!!!!!!
In related news, EVP Michael R. Allison sold 23,434 shares of the business’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $3.64, for a total value of $85,299.76. Following the completion of... — read more
American Companies on Deathwatch
This Might Be the Last Black Friday for 3 American Companies By CASEY WILSON, Associate Editor, Money Morning • November 21, 2016 American companies. The day after Thanksgiving (and for some shoppers, the night of) kicks off the critical holiday... — read more
Office Depot Caught Selling 'Fixes' for Non-Existent PC Problems
Office Depot has discontinued a malware-scanning program, which it reportedly used to scam customers out of hundreds of dollars. SecurityWatchThe retailer will no longer use PC Health Check following reports that it was recommending costly fixes for... — read more
Office Depot Layoffs 2017
Is it true that we might have cuts (layoffs) in Boca Raton.
Incompetence with OD
I hardly know where to begin. Our store in the NW was announced to be closed in two months. Last day to be open is 11-12. Two weeks before we close, ¾ of the employees are transferred to other stores, yet they are to stay at the closing store to... — read more
"We will continue to serve our customers online at officedepot.com," she wrote :)
BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, blah blah blah.... Business OfficeMax, Office Depot stores in St. Louis, Brentwood closing in May The Office Depot in... — read more
Are you still at work?
Here we are. More layoffs, no big surprise. Whispers of more waves of store closure, more corporate layoffs. Accelerations in 2017. Small spurts. Lots of small spurts. Waves, Waves Obligation to give WARN notice when at least 50 full-time (defined by... — read more
Conference Call Tomorrow
Regional Conference Call scheduled tomorrow morning followed by District Conference Call for Wisconsin in the afternoon. Should be interesting to see what happens. Willing to bet the hiring freeze and the additional stores closing, that they are... — read more
Office Depot eliminating assistant managers
Store managers have a conference call tomorrow that is for their ears only. Any one hear about rumors of ASM position going away? Heard that ASM positions that are currently open at stores are on hold.
Black Friday
Will stores be hiring extra for BF?
Store closing
How many store close so far?
Leave now company in huge trouble!!
Looks like lay off 700 people at the end of q4 in corporate, save yourself
More downsizing in 2016 - 300 more stores to be closed
Just heard that Office Depot announced it will close an additional 300 stores. Does anyone know when? And is it on top of those 400 they announced earlier? If it is, we will be cut buy half. Either way, seems to me there will be no one left here... — read more
Is your store closing?
https://www.TheStoreClosing.com/c/office-depot
It got real quiet here....
It's all way to quite here. Did everyone get fired ? Is anyone alive to tell the tales?
Depot considers closing Max stores.
This could result in all Max stores closing over a 3 year time frame. Even the 120 stores that signed 5 year leases this year. The logistics aren't working. The cost to convert systems is over the expected revenue of keeping door open.
The judge listened after all.
ha ha ha ha You deserve to be fired. I'm sure your days are numbered. Blame yourself Roland.
Judge Sullivan's ruling expected next week.
Any thoughts? Considering Staple's lawyer did not even mount a case and simply requested a ruling based on how flimsy the FTC's case was, many are predicted the judge will side with Staples. I am for whatever would salvage the most jobs, but Ron and... — read more
Stand up for your rights. CEOs should not profit over your job loss.
Stand up for your rights. CEOs should not profit over your job loss. https://www.facebook.com/Block-Staples-Office-Depot-buyout-422842611249626/
What's the atmosphere in stores now that the tide has changed regarding the buy out?
Any thing coming down from corporate? Have they changed payout of bonuses or when annual evals are done? I don't know how corrupt OD/OM management is, but I can tell you that if there is a way to term people without severance or UI, Staples will do... — read more
Does it make you sick that Roland will walk away with a huge payday?
http://www.sun-sentinel.com/business/fl-office-depot-ceo-testifies-20160329-story.html He will walk away with almost $50 million and his top cronies will divide up another ~ $35 million. The rest of OD/OM face rather grim prospects for their current... — read more
Unverified reports show Depot/Max is having trouble making payments to vendors.
Anyone know if this has any truth to it?
Will Staples cull Office Depot Office Max next.
Staples culled 500 employees this week. If they can't take care of Staples what will happen to ODOM?