http://www.usatoday.com/story/money/business/2014/03/12/retailers-store-closings/6333865/
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Concrete would be laying off specific IT developers and replacing that work with Infosys for support.
"Look for the first concrete evidence of this plan soon" concrete is hard to find in smoke and mirrors, money leaves a trail though even oceans apart
Very astute. Both are great points. Don't care about current employees (point 1) because moving to offshore (point 2). In an climate of cost cutting, large trips to these vendors makes no sense. Look for the first concrete evidence of this plan soon.
Something is in the works and they are trying to keep it quiet
Something is amiss. The new leadership hires show current educational accreditations. The actions though are not aligned with their degrees. First example "Firms that effectively manage employees hold an advantage over competitors. (Pheffer 1998) estimates that organizations can reap 40% gain managing people in ways that build commitment, involvement, learning, and organizational competence". Second example; why with all the latest video conferencing would anyone need to travel half across the global for quarterly meetings when the agenda is to cut costs? A private held company is not under the same scrutiny or financial accountability as public held companies. So what exactly is the relationship with this vendor, it's not producing the ROI that is being sold. Why all the secretary when it has been shown to be so counterproductive for the organization?
Out with the old and in with the old from other soon to be bankrupt retailers.
Interesting quote from the officemax guy, "CEO Roland Smith admitted the company's merger was difficult for many workers, telling the Orlando Sun-Sentinel that "it is difficult to focus on business when your personal future is uncertain."