Thread regarding Academy Sports & Outdoors layoffs

Layoff probability

Might as well go ahead and plop a new post here so we can keep track of the layoffs as they happen here. The covid effect on sales is over completely. No more stimmy or eviction bans to artificially prop up economy. Gonna have to walk on our own to feet now. Us being a very monkey see monkey do company, I'm sure the powers that be are looking at all these other companies laying off and thinking hmm. I mean come on this is the same company that gave us all pay cuts back in 2020 " for the good of the company" even when sales were booming. What a joke.

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| 1791 views | | 5 replies (last August 30, 2023) | Reply
Post ID: @OP+1kTjdOiH

5 replies (most recent on top)

Stealth layoffs. Letting turnover do it for us quietly. Don't wanna spook the shareholders with headlines.

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Post ID: @3tgvk+1kTjdOiH

I can’t tell if layoffs are still on the horizon with so many people quitting anyways. But who knows right?

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Post ID: @3rvpn+1kTjdOiH

Well lets see how q2 shakes out. Doesn't look great imo. But hey that 800k we are saving not paving the Corp parking lot, wow.

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Post ID: @2Nrvg+1kTjdOiH

Would have been pretty wasted if playing a drinking game during last town hall whenever someone said we are not laying off this year. Can't figure out if the captains of the boat are willfully ignoring the iceberg ahead and hoping it will go away or just don't care long as they get theirs. Who is stupid enough to look around and say long term we can ride covid coattails to more sales. The hubris is astounding. Wake up already. This is a monkey see monkey do company, with all the other layoffs in the world they are gonna go ooh yeah good idea.

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Post ID: @15xik+1kTjdOiH

Whispers in mgmt. Building 2 Level 2.

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Post ID: @Oess+1kTjdOiH

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