Topics regarding layoffs at Rent-A-Center Inc.

Topics regarding layoffs at Rent-A-Center Inc.

Earnings sound like b.s. to me...

A bunch of excuse, stimulus money, supply chain, etc. What does it mean when the ceo says "we believe that"? Good luck rcii investors!

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| 920 views | | no replies yet
Post ID: @OP+1gz10VE3

Out of control delinquency

I hear credit numbers are out of control! Hmm, take a look at those audit trails on Monday so can can see what your DMs and RDs are up too.

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| 1740 views | | 9 replies (last May 4, 2022)
Post ID: @OP+1gvduBMi

Layoffs and outsourcing at corporate

Layoffs this past week at corporate and they outsourced two depts there. Why isn’t leadership held accountable for their bad business decisions?

Wow rac is on the ropes

All those investors on the msg boards are asking how did this happen? The answers are on this site, read the posts. Rac is done, acima won't save them. Do your research before you invest in rac and i dont mean read the earnings reports and that... — read more 

Rent-A-Center Layoffs 2022

Is this going to be an interesting year as it relates to Rent-A-Center layoffs? Any chatter, news or rumors?

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| 1600 views | | 4 replies (last November 16, 2021)
Post ID: @OP+1dLhwNc3

Now's the time to leave

Take one of the many seasonal jobs, prove yourself to be a good employee, get an offer to stay, profit.

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| 1560 views | | 9 replies (last November 3, 2021)
Post ID: @OP+1duTMtn8

Delinquency Numbers are FALSE

Take a look into any store, Check their extensions. All stores are told to use extensions to show a 3.5 for Friday and their 6.9 for Saturday. Some stores and districts are running 10% or more in extensions. Why do you think the percent collected is... — read more 

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| 2530 views | | 9 replies (last March 30, 2022)
Post ID: @OP+1cTRyjm7

Cuts

Any info on cuts to share? I am worried because the situation is very tense.

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| 1670 views | | 4 replies (last December 9, 2021)
Post ID: @OP+1cSjsMQu

The worst job I've ever had!!!!!!!

I admire the people who have stayed here for a few years. After the first month here, I started thinking about getting a new job. The expectations that were set were totally disproportionate to the pay and benefits I was getting in return. I gave... — read more 

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| 1540 views | | 6 replies (last September 20, 2021)
Post ID: @OP+1cBz1zs3

Have things changed?

This is my first time posting since I quit almost a year ago. I’m curious to see if anything has changed (at least for the better) or if things are basically the same with management not appreciating the work that was done, the long grueling hours... — read more 

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| 1640 views | | 3 replies (last September 17, 2021)
Post ID: @OP+1bXlbdbk

Corporate is opening back again!

Insane how they are opening the corporate office even though covid cases are not getting better. So dumb. Hope those decision makers get covid.

Horrible treatment of employees

In my location the entire team is treated very badly. We are constantly being criticized on every little thing and occasionally bullied. I feel like we aren’t being appreciated, we’re not even given a simple ‘thank you’ (which isn’t much to ask... — read more 

Is this a good company?

I want to apply to a few companies - this being one of them. I accidentally discovered this website when I tried to see how often RAC does layoffs. I am surprised because I have heard nothing in the news and this board doesn't seem too busy. Is it... — read more 

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| 2100 views | | 4 replies (last August 29, 2021)
Post ID: @OP+18cqk0gx

Getting laid off from this place would be a blessing!

If I could leave this place with a severance, I'd jump at the opportunity. I can't emphasize enough how much this has turned from a relatively normal workplace into a toxic cesspool of nepotism and incompetence. Even simply doing your job can be a... — read more 

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| 2390 views | | 5 replies (last December 9, 2021)
Post ID: @OP+186WDQhR

COVID19 AT FSC!

They haven't opened up the FSC for all coworkers to return, and someone already infected other coworkers at the FSC. Such a smart idea to say they are opening up the FSC again Please be advised that today we became aware that a few people in the... — read more 

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| 1630 views | | no replies yet
Post ID: @OP+14WWCsQ0

Mitch are you listening?

Why is it that all the RDs and Dms got to stay home where its safe but we are essential and need to stay in our stores? Here is a better one, why are "balancing " your business by renting and collecting and it is not good enough? Stay tuned! I am... — read more 

Covid 19

I don’t understand why the company continues to say they are essential during this time as of April 3 it was announced that all home furnishing stores and furniture stores to close and yet they keep saying they will still be open and still have face... — read more 

#Blesssed

I have been with the company for little over 8 years and have had ups and downs but they have always treated me fairly and supported me during my surgery’s so I couldn’t have asked for a better company... And I will work till I can’t anymore to... — read more 

A time to be concerned

I can say it is never a good time to panic, no matter how bad the circumstances are, but if there was ever a time to be greatly concerned about the situation at rac, that time is now. Let’s face it, the people that form the majority of our customer... — read more 

How can we expect to survive this?

I don’t want to spread negative thoughts at this time, but to tell you the truth, I really don’t see any way RAC can survive this economic environment. I mean let’s be realistic, much bigger and much more organized companies are crumbling within the... — read more 

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| 1301 views | | 1 reply (March 29, 2020)
Post ID: @OP+14cfiZag

Hard times ahead

People do not have money nowadays. My sister and her husband were laid off last week. He's an assistant manager (or he was) at a small hotel and she was working scheduling for a large restaurant chain. Many families strugle like this. They have two... — read more 

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| 1165 views | | no replies yet
Post ID: @OP+14beicvK

Coronavirus

A 5 year delivery driver for the company here! Let me tell you something no regard for are health and safety from this deadly virus! Until just 2 days ago we finally closed are doors and stopped deliveries which I have continued to do! But... — read more 

Prices too high

If you would drop prices, you would sell more. Highest rental company out there. If you're busy, maybe no layoffs.

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| 810 views | | no replies yet
Post ID: @OP+14aX5kLH

RAC lol

This place has been a joke for a long time. They do not care for their employees at all! Everyone is treated as a number. They could care less about your tenure with the company. I wasted 17 years of my life for a company that could care less about... — read more 

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| 1390 views | | no replies yet
Post ID: @OP+14aaDMCK

I’m a Collections AM

This company is doing some shady sh– to stay open finding loopholes identifying as a “financial institution” to stay open. They don’t care about us frankly if they did close they’d go bankrupt before we’d be allowed to open again the company has... — read more 

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| 1274 views | | no replies yet (last March 25, 2020)
Post ID: @OP+149iLdIM

Burn out And Underpaid Employees

I have worked here for a year and half. No raise since I started. I am a Sales AM. They only care about numbers. Their answer to Covid 19 is you can voluntarily Resign if you need to be home because you are sick or need to take care of kids or... — read more 

Rent a Center employee

It’s not an essential people don’t need us for Daily living get that through your heads I’m not leaving my house to go into someone else’s house to get more exposed

Rent a center has came through

Corporate planning and store level employees are finding that they now have an important service to provide for our customer base. Mission moment. Let us keep the doors open, beds, stoves and fridges, laundry sets, computers and tvs, phones, get... — read more 

bad timing

Some real bad timing for rac on the stock market. What will customers do with the tax return $$$, pif or keep renting? My money is on return and save the money while reducing their debt. Rac is in for a bad 2nd qtr. Dont forget about high... — read more 

Huge 2020 numbers

Expecting revenue of $2.755B-2.875B vs Wall Street $2.733B with Acceptance Now doing $860-910M and Core US $1.755-1.825B (this assumes low-single digit same store sales which may be tough?)

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| 850 views | | no replies yet
Post ID: @OP+13FYUVos

Rcii is next to take a big hit, see ANN

Aarons is taking a big hit, rcii will follow! You dont need tea leaves to figure this one out. Aarons is far btter than rent a center, protect your hard earned money!

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| 1100 views | | 1 reply (February 21, 2020)
Post ID: @OP+13BgUMow

RAC stock drops 6.10% on news of new regulations.

Rent-A-Center (NASDAQ:RCII) stock drops amid talk that regulators in California would have oversight over the rent-to-own industry under proposed new legislation. Other states could follow the lead of California down the road. Rent-A-Center is off... — read more 

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