Layoffs started today.... 180 to 200 at Corp. Also getting rid of all contractors.
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Sad Really - Was laid off At Ann Taylor prior to the merger - Kay Krill walked away with Tens of Millions, milked the company, and they just keep spiraling down. Good Luck to all of you -
i heard through the grapevine that more layoffs are slated this month at corporate, all levels are going to be in consideration. Finance , Procurement, MARKETING
What's the date on this? Is this recent? (June 2019)
My mom was laid off - she spent 10 years there at Ascena - she's crushed.
I wish you all the best.
Godspeed.
Thank God I got out in April!
Good luck to those impacted.
The stock is at $1.08. 12% sounds like a nice bounce until you realize that the company was trading over $17 as recently as 2014.
We're the employees given job placement assistance or severance packages?
Glad i found this group, was very sad to see my friends and colleagues being let go without any diggity... there was a time when they would say listen mr X june 30th is yor last day. Now its public shaming you come into work just to be told that you jeed to pack up your stuff and be out by 3pm.the having to do the perp walk of shame...
Your better than that at leaset dressbarn
It was all levels from field AP a few DM’s and bunch of corporate folks...needed to be done before earnings report ...stock up 12% today but I’m sure it will come back to reality by Friday
Was this just at the corporate level or store managers as well?
Does anyone know if there are layoffs on marketing team?
My husband got laid off, 10 years with the company. I am on a disability and we have two kids under 10. It's sad.
Good luck all.
Godspeed!
Long time coming. Wait until they look at all of the overhead on central procurement and finance.
I got the axe today. However, I saw this coming for a long time. I have an interview tomorrow. Wish me luck!
Wow cant say I am surprised ...this was coming sooner or later...hopefully many saw the signs and began applying months ago!