It seems about 150 people were let go today from 7-Elevens HQ in Irving, Tx
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What a total cluster *^%#. People with decades of service kicked to the curb with no warning. Contractor accounts turned off mid meetings with no notice. 7-eleven treats employees poorly and contractors with disdain.
They can try to say it was because of the Speedway acquisition but we all know it’s a load of bovine ex------t. For months we’ve heard “we aren’t making budget” which wasn’t a surprise to anyone with a brain since the budget was set as a percent over last year which was the best year in decades going into a declining economy. Just plain foolishness.
They continue to gut speedway. Beats me why they spent $21 billion just to burn it to the ground. My prediction of the future is Enon will be a ghost town and they will turn the Speedway stores into the same trashy 7-eleven stores we remember from the 70s that went out of business in the Midwest. So much for the plan of buying market share.
Congrats to Casey’s, UDF, Circle K who will reap the benefits of 7-eleven mismanagement.
20 years and shown the door today with many others. I know many that hoped they would have been included. Our department started going downhill 6 years ago when new executives were hired and they began hiring all their friends.
There was new senior management over a year ago in the Northeast which destroyed the company. They have no respect for FC’s or store managers and a good old boys attitude which has soured many franchisee and customers. The stores are dirty and old and no one want to spend more money fixing them up. There is no relationship with franchisee rather a do it or else attitude. So sad was a great company but continues to loose good talent. I am sure the competition is happy their days are numbered.
It is very sad. Used to be a very good company to work for but it’s a numbers game now. Nobody knows what to do. Every Market is doing there own thing and Dallas knows but as long as the money is coming in it’s fine. Seven Eleven is a on a lifeline. There business model is falling apart. They refuse to update there old dirty stores along with really looking at who they Franchise to. I refuse to even give them my business. To many Competitors who offer great customer service and clean new stores. Oh and the Horse and Pony show they put on when the Japanese Executives visit is phony as all get out. Let’s show them the small group of newer clean stores but avoid the ones being run into the ground. The CEO Dipinto aka Despento who has no idea of what he is doing but gladly smiles when he cashes his 3 to 3.4 million dollar bonus. So long 7-11 the days are numbered.
The company was very sneaky in that they let go many of us in operations at FC level 2 days before we would have received the Q4 bonus we earned. Now they say we aren’t eligible because we must be employed the week they are distributed. Also docked us salaries workers a full day of pay because they let us go on a Wednesday and the workweek ends on Thursday. Not a nice company to work for. Treating people like this when one of their guiding principles is ‘do the right thing’.
Not at all surprised, I left the company last year for several reasons (1) deferred pay raise we were promised (2) huge increase in health care premiums combined with healthcare coverage (3) 401 K Issues (they don't have a safe harbor plan).
I am sorry for you, my wife was laid off after 17 years it took her almost two years to find another job and she was really looking and applying.
Not the company that I originally started with and there was a mass lay off in my division with no notice they called a lot of employees in for a mandatory meeting and handed out pink slips.
Sorry to say that it is true. I was among those shown the door after over a decade of loyal service. Even moving halfway across the country to Dallas.
This is true - my wife was laid off. She is crushed, spent 10+ years with the company and she felt it was her second family. Everyone is just a number. We are happy with the severance as they did not have to give us anything.