Now that we know the merger will not happen. Both companies will move quickly to close all the stores they wanted to close before the merger was considered. All these stores were ALREADY listed in Framingham and maybe a few more added as sales have declined ..... Bye Bye... Oh and the stock Bye Bye, and Staples.com JOKE Bye Bye as well.
Here is the NEW plan. If you are in a store under 5mil... you have at best maybe one and one half years left.
They will also aggressively push all highly compensated management regardless of store volume to quit and NOW we know they will fire you no matter what you do in terms of performance. The PIP is now only a notice, not a chance to correct. They WON"T offer any more severance and they will fight paying you unemployment.
In short the LONG KNIVES ARE OUT, and hoping for the best has ceased to exist.
Look, these guys are truly the scum of the corporate world and ALL scruples they ever pretended to have, have long since been left behind... They also have little hope of being hired because of their low life behavior so THEY have nothing to lose in going for the biggest golden parachute they can get. Simply stated, no matter what level you are in the Staples organization they care S#!T about you, your job, your family or your future.... You can take these words to the bank!