Thread regarding Hy-Vee layoffs

This is self-inflicted

What's most depressing about this round of layoffs is it's quite clear that it's self-inflicted. They reported and boasted about record-breaking revenue and profit during the pandemic. Blaming future macroeconomic shortfalls really isn't acceptable

These layoffs are a direct result of over-extending themselves with new ventures; AislesOnline, failed restaurants, hip gas stations, random shoe stores next to the candy aisle, or pushing weird partnerships with B list celebrities.

It's one thing to try to be innovative but doing so at the expense of loyal employees, that you eventually treated like cattle, is completely inappropriate.

@2pio+1fRHZqLq said it perfectly. Reposted from replies for more visibility.

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| 1561 views | | 5 replies (last March 25, 2022) | Reply
Post ID: @OP+1fUiBLwp

5 replies (most recent on top)

So employees who were hired just a few weeks ago were hired for COVID projects? How gullible do they think people are?

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Post ID: @1rxp+1fUiBLwp

Posting as a current long time employee who still works in a store. Responding to the well thought out reply above…could you imagine how great the company could be if the office reached out to its employees and asked for honest and thought out feedback. Asked questions like: how could Hy-Vee save money without laying off people? How could we make your jobs easier? What are ways we could be more efficient? What are ways we could increase sales in our stores? What are ways we could increase our profit as a company without raising prices? And not just a two question survey monkey with a couple yes/no questions I get that “corporate” is supposed to be answering these questions, but guess what, they don’t know everything. There are some really smart people working at the stores that deal with real store problems on a daily basis. Randy was right in his video today, the stores are the most important part of the company…more focus should be there in truely supporting those people. And if you do ever add corporate jobs again, you need more support staff that gets in to stores and really helps people…not on a once a quarter basis but every week or two to really make an impact. Anyway, I’m rambling…but there ARE issues and real world solutions that every day employees could easily answer and help if ever given the chance.

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Post ID: @1whx+1fUiBLwp

I was the one that posted this original comment. I worked in their corporate office for a number of years before departing on my own accord. It was by far the oddest corporate experience I've ever had. It's a company full of yes men doing anything they could to appease their boss to appease their bosses boss who wanted to appease Randy.

I've never worked for an organization that was so full of itself like Hy-Vee. It's unfortunate because they employ some truly outstanding and brilliant people, but a culture full of yes people is what leads to layoffs like the ones you're seeing now. Stupid and poorly thought ventures that fail lead to lost profit and ruined lives. Instead of focusing on short term profit, like you did during covid, focus on sustainable long term growth.

It really makes me sick to see what's happening to these wonderful people. The PR response from Hy-Vee was also appalling; alluding that these people were hired for projects during covid and now that those projects are over, they're no longer needed. I've seen quite a response from businesses and leaders in Des Moines; people won't forget how you treated your employees.

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Post ID: @nqz+1fUiBLwp

Hy-Vee is a competent marketing company that incompetently sells groceries. I've worked for this company, in various capacities, for 30 years. Pre-covid, I redeemed my debentures because I thought the company was on the financial brink. A pandemic saved their hiney. Thus, it was a chance to refocus on long term success, re-establish loyalties to customers and employees. It would have been a good time to make the grocery shopping experience great as opposed to TELLING people how great it is to shop at Hy-Vee. The migration to Nashville will probably do the company in. BTW, what midwest company CEO needs a security team. I don't remember Dwight, Ron, or Ric needing them. For me, retirement is just around the corner, so if my last couple of years are working for a grocery company owned by Walmart or Berkshire Hathaway, so be it.

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Post ID: @edt+1fUiBLwp

There are way more new ventures than that: Wall to Wall Wine & Spirits, Petship, Vitamine, Deals.com, RedboxRX, WholeLotta, mega stores like Grimes Hy-Vee, expansion into Kentucky & Tennessee, bringing first IndyCar races to Iowa, numerous on-going partnerships with celebs in entertainment, social media and sports.

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Post ID: @mqa+1fUiBLwp

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