More Layoffs and More at HQ and Beyond Coming Affected: Potentially Everyone Most Affected: NAR @ HQ, SDS, Marketing, Merch Timing: Quarterly to semi-annual. Jul guaranteed. Less in Q4 '18. Intentions of some are authentic. What's to come is beyond... — read more
So, What Would You Have Done?
I read criticism after criticism about SG, RS and now Sycamore. What would you have done differently? And if you were or are in a leadership role of any kind, why didn't you provide the guidance instead of sitting idly? This isn't a taunt, I really... — read more
Staples hires Coke executive to replace Goodman as CEO
https://www.bizjournals.com/boston/news/2018/01/26/staples-hires-coke-executive-to-replace-goodman-as.html
innovative ways
Quote - "I think it does show some desire to hold people responsible in innovative ways" – Shira Goodman Sycamores innovative way = Sh_t Can her As_
and the beat goes on. Or is that, "hit the street"
New CEO for Staples Joshua Allsopp, 26 January 2018 As revealed by OPI early this morning (GMT), Staples Inc CEO Shira Goodman has been 'let go'. shira goodman 610 As revealed by OPI early this morning (GMT), Staples Inc CEO Shira Goodman has been... — read more
New CEO
And we have a new CEO from Coca-Cola!
Anyone willing to comment to UK trade press?
Looking for insiders/former employees to comment (on or off the record) about staff lay-offs at Staples for a report in the UK media. Reply below and I can set up a call/email.
Trump Corporate Tax Cuts
Is Sycamore going to give any bounces for Trump helping there cause?
Staples is corrupt
A lot more to come Staples us top heavy, vp’s, directors, managers people who never get out of their offices all day. They spend more time in meetings and on conference calls and no one is minding the store, why do you think Shira is gone? All she... — read more
Who is Next after Shira?
Bet put wonder boy NR from SBA in the spot. God forbid......
Adios, Shira
Didn't see that one coming. Just kidding. We did.
Shira Gone
This website doesn't lie. Shira's last day is tomorrow.
excellent article about what PE Firms do with companies
http://www.marketexpress.in/2018/01/the-private-equity-firms-at-the-core-of-brick-mortar-retail-bankruptcies.html
owner, Sycamore Partners, declined to comment.
https://www.cnbc.com/2018/01/24/nine-west-could-be-the-next-retailer-to-file-for-bankruptcy.html
Simple Explanation
Media and govt tells us "The economy is booming!" and yet just about every major corporation is laying people off. Ever cross your mind that the economy is not booming, and that is a false narrative? Today the latest major layoff announcement, 5000... — read more
Framingham move
Any word since building is almost empty of moving into Colorado building??
Any other Latino or African Americans laid off outside of Framingham?
Please reply here.
Are there any lawyer reading this site?
There might be lawsuit at least in the IT area. White women in management, white women in technical jobs, and even just whites in general are the minority in IT. Many white women in management were let go and replaced by non-white males (mostly newly... — read more
Another store closure
West Hazleton, PA the latest to close. http://standardspeaker.com/news/local-staples-store-closing-1.2291937
So .....
I'm a Staples retail associate. Been with the company 11 years. I'm a key holder. Work at a profitable store. Can I get a straight and honest answer here without any b---s--- ? What about us ?? I like what I do for a living and I'm in my mid 50's... — read more
Now what?
Now that the storm is over, anybody has any ideas what's next? Does anybody actually believe that these layoffs will solve anything? I'm pretty sure we will go back to same old, same old, before the brilliant idea of having some more layoffs rears... — read more
+700 laid offs
i just find out there were 750 people laid off this week.. i can understand it but it feels horrible.
If you wanna talk to the Globe, here you go..
Email I got today: "Andy Rosen here with the Globe. I'm reporting on the layoffs at staples and trying to get a handle on what happened. I'm wondering if you might be willing to talk to me about your situation. I don't necessarily have to use your... — read more
These changes will continue
Guys, it's a sinking ship on fire. The company is trying to get out of this with as litlle damage as possible while remaining profitable. Nobody is "safe" as it's just the way business works. From a cost perspective, it makes sense for those at, or... — read more
More Store Closings?
Just wondering if there will be anymore store closings in Q1, I work in the Sacramento CA region and I heard store 0593 San Ramon was on the chopping block. Is that confirmed and is there any more California locations to be worried about going... — read more
The Rumor Mill...
Heard from a source today that they potentially laid off enough @ Framingham to move us all to one side of the building, then they’ll lease the other side. Anyone else hear this?
News article of layoffs
http://framinghamsource.com/index.php/2018/01/17/lay-offs-staples/
Media attention
I guess -.org is doing a story on it now
What are the severance packages, also any senior leadership willing to step up and tell us straight who's next to get axed?
Truly worried about my position reading all these comments, I was hoping to ask some questions of people who were let go what kind of severance was offered, how bad was the non-compete they're probably building into it? Also any high ranking Staples... — read more
Staples Wants to Build Apartments instead?
Hold up, Staples wants to build apartments in the parking lots? Say What? http://framinghamsource.com/index.php/2018/01/17/lay-offs-staples/
Is this round done?
Somebody mentioned that more people got hit today, but I haven't heard anything. From what I understood, everybody who was supposed to be notified, was notified yesterday. Anybody else knows more about this? Am I wrong in feeling relieved that I... — read more
Guess we should have known what Shira intended
A twitter quote from Shira. It was written all along. You really did a bang up job of destroying what you built since 1992. @Key4Women 25 Oct 2017 More “You have to destroy what you built.”- Shira Goodman on industry changes… and opportunities.
More Today.... Ugh
Heard that some more got hit today. Thought it might be a multi-day event.
Warn triggered
Anyone know why WARN isn’t triggered for layoffs?
Any stores closing?
With all the layoffs, I was wondering if any store closings were announced? I haven't heard of any, and that makes little sense to me. I'm assuming that if the goal was to cut costs, eliminating some of the stores would be one of the first things the... — read more
Absolutely no media coverage
Do we know the final number of people who were laid off by Staples yesterday? I'm wondering because I just tried to find more info on what happened, and I found exactly zero articles on it. Is the number so small that it can be completely ignored?... — read more
Both high and low positions gone
Looks like from regional VP to AP personnel being cut.
Just a little perspective
Here’s a quote from SG herself: “It must be nice to have a job for life” then adding “those days are over, this country can’t afford to do business as usual.” This says a lot.
SAL and AM
Any word with SAL and AM’s in totality?