there is no plan to turn around Staples. SP's plan is to make Staples attractive for an IPO so they can cash out the remaining skin and then some that they have in the game, which is about 600 million. It is purely unintentional if anyone working there profits. It is only about the handful of SP employees.
@Z1ZHTRg-4thn said it well. Whoever is hoping and waiting for a turnaround is in for a rude awakening. If you are not already working on leaving this place, I'm not sure what you're waiting for.