Thread regarding Staples Inc. layoffs

Celebrating the pain? Are you slow? I'm suggesting the company take action to preserve as many jobs as possible. If that means cuts then so be it. I'd rather the company make some bold moves that hurt some than have the whole thing come tumbling down.

You've decided that all is lost anyway so I'm not sure why you care about layoffs. Everyone will be out of a job anyway in your world.

“Revenues are shrinking, traffic is dropping, and stores are closing, but let's keep the associate count the same. Solid plan. Can you be CEO?”

Here you go celebrating the pain that a failing company inflicts on its employees. Twisted.

No one is saying to keep the associate count the same. Quite the opposite. Everyone is saying that there will be many many more until everything is gone. And all due to incompetence not simply a declining market.

Revenues are shrinking, traffic is dropping, and stores are closing, but let's keep the associate count the same. Solid plan. Can you be CEO?

To think that sycamore thought this purchase out well is quite foolish. They are strictly looking at this as a short term investment. Slash and burn, then get out. This is how private equity works period. And to the idiot that stated that layoffs are what the company needs, I hope your position is eliminated and you find yourself looking from the outside in. You deserve it.

The OP has it right, but it's such old news and so obvious to anyone with an operating brain cell. My reaction is DUH!

Amazon is kicking Staples Axx. Dotcom is a joke, IT is an unfunded liability, Marketing flails around like a limp ____, and HR has always been populated with YES folk.

Sad for the folks in the stores that find themselves on the wrong side of history, with the wrong company.

"Status quo is the exact opposite of what this company needs."

Post ID: @PWZyYw8-1fkt

No. This company just needs to quietly die as it is doing now. Nothing can save this mismanaged heap of junk. Not right sizing, new management, or changing business lines. It is like the Titanic. It is slowly turning and won't miss the iceberg. Who will even miss Staples. It is outdated and out performed by others.

Also, layoffs are a part of business. Especially one faced with the challenge of a declining market. I hope their are more layoffs to come. That will mean that we are right sizing to the new market dynamics and transforming the business. Status quo is the exact opposite of what this company needs.

Everything you have suggested makes literally no business sense. Your OPINION that the end is near is worthless given how little you understand about the most fundamental aspects of business and the market.

“It must give you some personal pleasure to cause people to worry for some twisted reason.”

So instead you defend a company who’s treated it’s employees and customers like trash. People have lost their jobs in mass and continue to. And you want to issue praise and defense. You are offering a lot of false hope to people who should be prepared for the worse, because that’s what’s most likely gonna happen. This must be your twisted pleasure.

Based on a few of these post, it appears some middle management is paying attention to this site. Ha! Great!

I'm not sure what is defensive about pointing out why what you're suggesting is stupid for Sycamore, stupid for Walmart, and stupid for Amazon. I didn't say a thing about Staples. Enjoy your continued campaign to sow fear and discontent with Staples associates. It must give you some personal pleasure to cause people to worry for some twisted reason.

Hahaha. I guess it’s good to see that someone still believes so firmly in Staples and gets so defensive here and on Reddit. At least we know that there’s still one beliver. Best of luck to you and much future success.

No need to get so defensive over a company who has failed their customers, their shareholders and their employees. It’s just hard to believe that any good is going to come out of anything Staples is involved with.

So don’t be offended by a post from someone who is skeptical. They have good reason to be. Maybe they’re wrong... but are they really?

You think that Sycamore's time horizon on this investment was months? Laughable. If Sycamore approached either Walmart or Amazon today they'd be guaranteed a massive loss. What would Walmart or Amazon want with Staples anyway. Stick to posting SG memes on Reddit.

What will happen I think in short order. Sycamore will be in talks with either Walmart or Amazon to unload this crap investment they made. Heck, they will most likely have discussions with both.

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