It just feels like it’s coming…
7 replies (most recent on top)
@18b with 20 years sounds like your head will be on the chopping block soon...are your initials JS?
Mark Barrenechea is on your board. He has zero respect for employees and does everything in his power to reduce benefits. Now that he got canned over at OT he'll have more time to see how he can reduce employee benefits at DSG
You won't know if you're a "low performer" because you'll still make the list even with glowing reviews. The review process is for the sake of having a review, no one really wants to do them, and you really have to fight for promotions if you're not favored. You're another cog in the machine until fresh, cheaper talent is needed to appease the investors.
Every 1-2 years, as is clear by the history of this site, DSG trims 1)Underperformers, and 2)Older employees that typically make more money, bonus, and stock. And it's mostly #2, as that's where the real money is. They will blame anything for the need to do it (pandemic, tariffs, streamlining the workforce) and will claim it is the "hardest decision they have ever had to make". He-l, Ed once said DSG would "never do a large layoff again" and has done it 3 more times since. If you last more than 5 years with DSG and have yet to be cut, congratulations (and good luck). 10 years is a near miracle, and usually means you're a mid-level employee that keeps their nose clean and does fair enough work. But almost every director and higher role is perpetually on the chopping block. I've know people that were tremendous, well-respected leaders that were cut or "forced to retire". Short answer, don't trust Ed or Lauren to keep you employed.
May 26 is Memorial Day, genius. Do you mean May 27?
Next earnings report is 5-28-25, a Wednesday. Expect news 5-26-25.
If there is anything I learned from 2 decades with this company. They use any macro environmental impact as a chance to trim head count. Even if they say they won't, they will.