Thread regarding Staples Inc. layoffs

It's Go Time. More Layoffs Coming

More Layoffs and More at HQ and Beyond Coming

Affected: Potentially Everyone

Most Affected: NAR @ HQ, SDS, Marketing, Merch

Timing: Quarterly to semi-annual. Jul guaranteed. Less in Q4 '18.

Intentions of some are authentic. What's to come is beyond their control. Titles, recent promotions, recent hire, friendships, published plans and hope all irrelevant. SP to reduce and then replace. Recruiting already began. Excludes some individuals impacting MM and C&E.

Retail and online are NOT the SP focus. SG was in dark. Changes from existing plans will be pinned on new understandings of business, EBITDA and pivoting.

Tenure and friend-bosses (also in the dark) can't help you.

Pieced together from 4 sources, 2 external.

Don't overreact but have a plan.

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| 4261 views | | 18 replies (last March 15, 2018) | Reply
Post ID: @OP+Rs620Yi

18 replies (most recent on top)

Update. Just heard of confirmed layoffs last week of March / first week of April.

That's all I heard.

2 sources

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Post ID: @Kdqv+Rs620Yi

'If retail and online are not SP’s focus, then what is?'

This question speaks to why things are the way they are. Clearly you have no idea what brings in the most revenue. Hint: It was 2 letters and now is 3.

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Post ID: @hqhf+Rs620Yi

SP has a plan, they just choose not to "give direction". how much more of a clue do you need?

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Post ID: @3hgz+Rs620Yi

If retail and online are not SP’s focus, then what is? Selling off the different parts of Staples... print, promo, furniture, retail, NAD?

The call was good on Monday but there was definitely a lack of vision and very little about next steps or what direction we are going?

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Post ID: @3nld+Rs620Yi

there won’t be any more layoffs???!!! are you kidding me??? Layoffs have been a normal course of business at Staples every year. NOW - they will happen more frequent and more deep. Wake up.

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Post ID: @3zzg+Rs620Yi

: I am pretty sure there won’t be any more layoffs .

The denial is both amazing yet predictable.

SP didn't invest umpti-billion dollars to earn a 5% return.

How hard is that to figure out?

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Post ID: @3dhc+Rs620Yi

Don't worry. I am still there. I don't like omelets or plaid shirts but I am pretty great still. Very impressive.

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Post ID: @2uhm+Rs620Yi

Yeah , some of the posts are nonsense. I am pretty sure there won’t be any more layoffs . SP are smart people. They get it , they understand that to run a great business you need great people.

Everything is gonna be fine. Look .....see all the great people that are left . What ? You don’t see anyone ? You’re not looking hard enough . Look ...over there , in the line for an omelet. No , not that guy , the one next to him , with the plaid shirt ....him . You missed him , he’s walking over to get a coffee now ....no not that guy , the other guy. Him . Geeeeez , can’t you see him ??? Oh, it’s not him , he’s not that great ? Then maybe the guy we were looking at last Thursday was great !? No ? Crap , there has to be one great person left ...........just one ? Really ? None ?

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Post ID: @2cuv+Rs620Yi

Yeah... this post is horse sh*t

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Post ID: @2nxz+Rs620Yi

You can't confirm sh--. Stop wasting everyone's time.

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Post ID: @2yvl+Rs620Yi

C&E = Contract and Enterprise (big customers)

MM = Mid market

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Post ID: @1wbl+Rs620Yi

All of those abbreviated thoughts on things moving forward. I'm glad this is now all cleared up. Where did you get the big brains to understand so much! We are thankful.

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Post ID: @1cfa+Rs620Yi

How can you confirm anything. Do you work at SP? Only they know the plans.

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Post ID: @1blh+Rs620Yi

what exactly is C&E?

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Post ID: @1zcv+Rs620Yi

Wouldn't doubt it. I can confirm C&E is safe for now, more than likely next few years. Can't layoff all revenue producers and expect to have a leg to stand on. I think its actually better for employees to have the different LOB's sold off. Have people to come in and care.

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Post ID: @1nfq+Rs620Yi

It's not rocket science, but thank you for your insight...where would we be without you.

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Post ID: @ioj+Rs620Yi

Where is the "fake news" post. I guess pro Staples/Sycamore folks have finally been silenced.

It is one big Sh_t Show now.

DIrectors and Area Manager are probably changing their underwear by the minute now.

Thats because, they know they are now in the sights..

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Post ID: @bvz+Rs620Yi

Like many have said on here GET NEW JOBS PEOPLE. If you think you’re safe something is wrong with you.

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Post ID: @qav+Rs620Yi

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