This is a generic discussion thread to capture comments about potential Rent-A-Center layoffs? Any chatter, news or rumors?
11 replies (most recent on top)
They need to keep running off all the cheaters then rac will be RAC once again, GL!
@57q When you have a company such as Gamestop beating your company's stock then its a cause for concern.
@4w7 stock options for upbd are worthless, look at the stock trend. 2018 stock in the teens, 2026 stock in the teens, up in the 60s at one point based off speculation and then the downward death spiral
The timing is so they do not have to honor the stock options, because they a dirt bags like that... they vest after 3 years in about 4 weeks.
@34y were you in plano headquater ? one month ago, I was offered a role.. I dont know what will happen to it now..
@34y sorry to hear that. Wish you the best!
I reported into Upbound from Acima in Draper and I was laid off on Friday
I am rolling over in my grave rn...
Interesting. Our dept head said all the layoffs happened on friday. Guess he might be misleading us. :p
I heard 30 at corp and more to come
@OP
Layoffs just happened at fsc with 28 or so individual's. Supposedly there will be some to the field.