Thread regarding Follett layoffs

Follett seeming to implode

I guess COVID-19 is the straw that broke the camel's back. Initatives to aid students during Rush are produced and implemented mid rush with feedback requests for their performance.

Group kick off calls state the SLA isn't important so OMS orders sit for weeks (observed, not hyperbole) with students being thrown under the bus. Communication today gives advice on back to school etiquette regarding mask compliance. The bulk of schools have passed through Rush already.

Also, follow up on orders, because no one else is. Between 'net never' meaning credit holds are everywhere from failure to pay in the course material world to entire orders placed via the automated systems that were part of the 70 million spent on eCommerce not actually going anywhere in GM and dept 4, and it's not a slow slide, it's a pinwheel down a mountainside.

Ties into the site because the old slogan of 'last to know, first to go' seems 100% inevitable, and I don't have HR insiders, just a long memory. It has never been this backwards in the OP's memory which survived the reigns of TC to today.

I'd update that resume, but having been part of the machine this long the only callbacks I get are for cashiers at big box retailers. So much for living, eh?

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| 2101 views | | 9 replies (last September 11, 2020) | Reply
Post ID: @OP+16Stk1JU

9 replies (most recent on top)

Maybe that's the plan.

Drain every dime out of Follett that they can, move FSS and Library to B&T and declare bankruptcy for Follett.

What would that call it? Project Mauve? Project Flush It?

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Post ID: @1tmx+16Stk1JU

Yes. COVID-19 is definitely the straw that broke the camel's back. One instance, is Book Fairs. When they couldn't meet the demand in fall of 2018 and had to cancel hundreds of fairs, they were never able to rebound from that nightmare. Schools were apprehensive in trying out book fairs until they got their sh– together. Along comes covid 19 and literally thousands of book fairs (millions in lost revenue) canceled for spring 2020. Estimates in the beginning were that book fairs was not going to see a profits for the first five or six year, The VP got demoted and eventually resigned. It's only been a little over 2 years and millions of dollars in debt. Vendors and leasing companies are not being paid, I'm sure they're going to see how long they can go without paying before the lawsuits start kicking in. You should be reading about bankruptcy soon.

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Post ID: @1yib+16Stk1JU

Got to wonder what the future of Follett is. They paid twice the best offer for B&T because TL really wanted it. Is B&T now the economic engine for the family? Was TL really that smart?
Or is that a whole different financial crisis for the family?

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Post ID: @1pwm+16Stk1JU

Is there any sort of plan or strategy beyond just trying to struggle through and see if more schools reopen in the spring? I don't see how this can go on another semester.

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Post ID: @1jsh+16Stk1JU

Yep, Follett will stiff the Temp Agency. Net Never Payment Plan

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Post ID: @1bzf+16Stk1JU

And they won't pay!

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Post ID: @1ejk+16Stk1JU

What an absolute $h!t show this has turned out to be...
On the plus side they saved on labor costs from using a temp agency that couldn’t provide temps.

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Post ID: @1jdc+16Stk1JU

Right there with you. Been a spectacular failure of leadership and we are left dealing with the consequences. Few organizations have ever been so inadequate at dealing with change and adversity.

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Post ID: @jnz+16Stk1JU

Yes to all of this. I’d also like to note the lack of staffing and technology failures which are causing tension on campus.

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Post ID: @het+16Stk1JU

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