From everything I’m hearing I’m retail there will be a massive shift incoming. Here is everything I’ve heard so far:
1.Operations and potentially VBG will take massive cuts and be rolled into existing retail framework. With ops/SMB leadership taking on way more stores each.
Store closures which cause re-org/re-districting - Re-districting will cause Sr. Directors will get assigned more stores per territory and there will be a 15-25% cut to Sr. Directors.
Once the re-org takes places Directors will take a massive cut. Directors will go from 6-8 stores each to 12-18 stores each, which will cause a 50-75% reduction in Directors. (Directors I know that left within the last 45 days were not backfilled and some of our directors are running 12-15 stores since last month. Then at the beginning of this month we’re told not to expect a backfill)
This is just the first wave. During Q1 there will be additional store closures to remove repetitive locations, mall locations, and unprofitable locations. Also during Q1 layoffs stores will be asked to go to 1 Assitant Manager with keyholders shouldering more responsibility (following the T-mobile model here).
This is just what I’ve heard in the position that I am in and wanted to share what I know.