Thread regarding Follett layoffs

EK

One he-l of a culture you got going on here. Is this what it is going to be like? You promised communication...you promised one team...you promised people first...you promised systems...you promised transparency...you promised you would listen.

You started out strong with the communication, I will give you that. However, after the first few months...what the he-l happened? It has become extinct. As far as the one team, well we know that's not true, or everyone would have been invited to Chicago for the leadership team. Where was the line drawn on which store managers got to go and which ones that did not. People first. I truly thought this was going to be the case until the understaffing and hiring of VPs happened and is happening. Sorry to say, your VPs aren't going to keep your stores running. And if you want to be considered the Dollar General of campus retail. I don't think that's the image you want for the company. I think you got a good look on how bad our systems are. The current systems and process are very labor intensive. You need to thank the stores for doing what they did during rush. I guarantee you, if the stores followed the guided hours that were provided, things would be much worse than what they are. I think I am made my point.

You need to realize that some of us are dedicated and doing what we can with the limited resources to help make this company work. However, you need to listen. You need to listen to our campuses. The simple fact is you will continue to lose talent and contracts if you don't.

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| 3001 views | | 9 replies (last November 17, 2022) | Reply
Post ID: @OP+1iJDChrT

9 replies (most recent on top)

Definitely nice to see loyalty and hard work paying off. I believe I have had enough Koolaid, thank you.

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Post ID: @11hic+1iJDChrT

People first. What a lie. My store is open 37 hours a week but I only have cashiers for 8

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Post ID: @Nwoh+1iJDChrT

Third consecutive One Team Huddle was canceled. Big talk of open and frequent communication but once again little to no action. Seen this play before when it starred DG/CW/and GT.

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Post ID: @exnu+1iJDChrT

I’m betting they will sell us soon. Here’s to healthier futures.

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Post ID: @5cty+1iJDChrT

You can have profit and a great culture too. They can co-exist. It's amazing what culture can do for profit.

Yes you can.

Based on the stories from the field, where is that programme being implemented?

Hiring more VPs for the Ivory Tower and reducing staff in the profit centers doesn't look like you are concerned about a great culture.

Or am I missing something?

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Post ID: @1lzz+1iJDChrT

I don't believe the original poster said anything about profit. It's about EK dropping the ball on his promises.

For the posters talking about profit - I'm guessing that the only way they feel that a profit can be made is by having a cr---y culture and treating team members poorly.

You can have profit and a great culture too. They can co-exist. It's amazing what culture can do for profit.

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Post ID: @1kkk+1iJDChrT

What is the plan to lay off more employees and promote more VP's.

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Post ID: @1elq+1iJDChrT

What is your dedication worth to Jefferson River? If they can fill your position and save 10%, are they happy paying you a 10% premium?
What is institutional knowledge worth?
What is holding all the bad contracts TL and his gang "won" worth if they can achieve their bottom line goals with them?

I'm very sorry. You have to be able to fill in the blanks of the spread sheet and balance value and expense. That's what the boss is buying.

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Post ID: @1mhi+1iJDChrT

Sorry but this is the reality --

Not to Worry - Jefferson River Capital LLC has a plan!

An investment company owns Follett now. They WILL see hefty ROI on their investment.

Kind of like the terminator...to paraphrase

It can’t be bargained with. It can’t be reasoned with. It doesn’t feel pity, or remorse, or fear. And it absolutely will not stop, ever, until they have recouped their investment and made a profit.

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Post ID: @lun+1iJDChrT

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