What's your prediction as it relates to the possiblity of Kohls layoffs? Any chatter, news or rumors?
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I heard that some positions in middle management have recently been eliminated and some people have been let go. Since Kohl's is spiralling, it makes sense to trim fat wherever they can to save some salary & benefit bucks.
Ask what they do for relocating senior executives coming to work at Kohl's. Paying for luxury rental apartments while they wait for the multi-million dollar homes to be ready to move in, buying brand new furniture because the new exec's wife doesn't like the stuff it comes with, filling their wine cellars ... oh yeah it happens.
Was just Christmas shopping at Pleasant Hill Kohl's. Looks like they quit buying inventory. Not a lot of staff either. Including janitorial, the store was filthy. Are they closing?
Didn’t they just lay off a bunch of people at corporate? But yeah, more will come, when the C level people run like rats from a sinking ship, it’s a sign.