Thread regarding Toys "R" Us layoffs

5,000 to be laid off by TRU in 2018

My estimate about the site, 200 stores x 25 people per store... plus back end corporate jobs needed to support them. Management consolidation, etc.

https://www.cnbc.com/2018/01/24/toys-r-us-to-close-180-stores-across-the-us.html

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| 1171 views | | 2 replies (last February 21, 2018) | Reply
Post ID: @OP+Ro5f9Bm

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Newspapers all said employees affected by the store closings would either be transferred or get severance...neither is going to happen. Not worth it retention (up 5% of base pay during liquidation IF certain sales metrics are met), no severance package for employees or management and no transfers. But we can reapply at non-closing stores--Thanks but no thanks.....

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Post ID: @ssoi+Ro5f9Bm

Least shocking news of 2018. Yawn.

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Post ID: @njw+Ro5f9Bm

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