Thread regarding Dick's Sporting Goods Inc. layoffs

It's all about the age

Removing people with seniority = removing OLDER employees. It's always the same. When they do a "reorg" with layoffs, they slice and dice the data to hide the age impact. Then they rinse and repeat every couple of years. They don't care about their "teammates." They routinely clean house of the older, more experienced and expensive workers to make the company's financials look better for "The Street" and try to improve the stock price. Most of those folks have 3 years worth of unvested restricted stock that they LOSE when they get laid off and then those shares revert to the company's coffers. They give people NO NOTICE, knowing 99% of them will sign their sh---y severance agreement waiving their right to sue because they need the money. It's horrible the way they treat people.

Good post, it should be in its own thread. The original poster is @7jc+1kd557pb0.


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| 311 views | | 1 reply (February 16) | Reply
Post ID: @OP+1khcg2bs4

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Completely agree. Di-k's Sporting Goods and their "good nature" and "fairness" is an absolute SHAM.
This is not a safe company to work for.

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Post ID: @q3+1khcg2bs4

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