Distribution cannot continue to expect to hire 60-75 each week into every building, and then not think that over staffing is going to be an issue come January. Especially after throwing huge bonuses at new hires to get them. We already have so many with virtually nothing to do except watch the jobs get done, sweep, dust, or walk around looking for empty pallets in the racks, like someone on foot can do anything about an empty pallet 3 tiers up anyways. Not enough equipment to go around, seriously what are they thinking? A good business move is to give away $100,000+ every week to then pay people to do virtually nothing? That’s the best they can come with because call ins are out of control? Target has already proven a few years ago that there is no reward for loyal service, and little opportunity for the long term TM when the economy starts to tank, if they decide your building, your team, or even just you are unnecessary because buildings are overstaffed, out you go. Get ready, buckle in, 2022 is gonna be fun. Once the economy slows down and our government finally realizes that printing money to give away is not the answer, it’s gonna get rough. Just like last time, forced retirements and then layoffs.
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The fact is that the job market has become insanely competitive for the employers. With the aggressive salary figures being posted publicly, it is imperative to stay in the same ballpark. Else you’ll be stuck with the bottom of the pile. In my org there was severe attrition, you heard of resignations once every week in a hundred person org with people leaving for higher paying jobs.
The situation is not sustainable however. With recession coming in, layoffs will be inevitable. 440000 employees is a huge number. In the current market supporting this size is impossible.
My guess is huge layoffs and store closures are on the cards in the next two years. this shouldn’t be too tough given that popularity ratings of the company are low, everywhere outside of MN and CA. We’ll see how does inflation continue to hurt the company finances.
It might be best to start looking for a job asap before recession fully sets in.