Has anyone heard about any upcoming changes or cuts at the end of this quarter? Things are quiet…too quiet especially given the state of the economy right now.
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District level TA was always planned to thin out over time as the stores were more trained on promoting internally. It is a novel concept, right? HR, district level, was suppose to be gone before TA but there was a bad rollout and they were able to jump in and gave themselves an extended lifeline. SSA's were suppose to be gone as well.
Now, I believe its time that HR will finally be gone at district level. SSA's will stay and all other HR resources can be done via corporate programs (MyHR). Lowe's will never address the turnover rate and clearly wall street doesn't care about that piece, no reason for HR to be in any specific district unless a threat of Unionization. My guess is they go to 1 or 2 per state if any.
The scheduling is down to scheduling 1 person per department if that. Many are going to quit between the PTs getting little to no hours and FTs getting burned out with no coverage.
“Talent Acquisition” is nothing more than filling quotas. The store level managers can recruit and hire their own employees. Hey, they might even do this novel idea of “promoting from within”. Some of the best store managers I knew did this and the stores had high moral and were better managed. Sc--w the woke culture.
Of the district staff, I believe the only one of value (in my area) is the MST position. They have a lot of direct reports, walk stores constantly, give great feedback and try to actively build a partnership. The rest of them......especially ones without direct reports, they could easily be on chopping block.
Some possibilities:
Reduction in area manager positions that oversee the following: MST, in-home services, HR, and talent acquisition
More positions in stores tied to sales tier. For example, must be $50 million annualized to have a dedicated cabinet specialist, IHC, or delivery coordinator.
Looks like a 3rd ASM was kicked to the curb.
IHCs and specialists are going to be up for cuts. Most of their jobs can be done virtually via zoom, teams, etc. Anyone making close to salary cap is also at a dangerous risk of losing their position. There will be a lot of "step down to X position or be terminated" happening by the end of Q3. Cashiers will have to have MVP, Credit, and LPP sales or risk being let go. DSs will be the only full time associates in departments, and will be subject to removal if they aren't mentioned in the inVESTed mentions enough.
I could also see a wave of district manager layoffs again by making them manage 14-16 stores each vs the 9-12 they do now.
Oh I am sure there will be cuts before the next earnings call - should not surprise anyone at all.
We had 2 ASMs, 2 DS's and 2 CSAs kicked to the curb just last week.
Gordon Gekko is about to make that jump. Get out before they throw you out.
The same IHC and Millwork Sales Specialist are in danger .Also ,maybe get rid of some of the Managers/Supervisors .My store is a lower volume store and we have WAY too many .
Store Manager ,Service ,Speciality ,Back end ,++++
18 at this store ,ridiculous
Why do you think they are doing the employee survey 3 months early? Do they really think we employees can't see through that?
They don't need to cut, people quit or stop showing up within a week or two after being hired. We take bets now on how long the new ones will last, most don't make it a week past computer training.