Topics regarding layoffs at Advance Auto Parts Inc.

Topics regarding layoffs at Advance Auto Parts Inc.

Layoffs

Any more news on additional job cuts besides hours being reduced?

Advance Auto Parts India LTD

All power in iT is gone to India. Micromanagers spamming Teams chats and JIRA tickets. Suffocating.

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Post ID: @OP+1jqbvq3nx

401k Question

A former employee here, can someone tell me who manages the Advance Auto Parts 401K account? Such as Prudential, Fidelity Investments, etc. Thank you in advance

IT Leadership Change.... Is it really?

After seven years Sri Donthi finally leaves,,, or was he pushed out? He outsourced all of IT to his friends and relatives in India, even opened Advance an office in India. With his departure they announce his replacement Shweta Bhatia, guess where... — read more 

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Post ID: @OP+1jh8ng1w3

Advance Auto Parts is a joke

How can Advance leadership and Board live with themselves. They are clueless how to run a Auto parts aftermarket. They don't understand how, AutoZone, O'Reilly's, NAPA and all the other independents are kicking their butts. It's only time before... — read more 

Cams are next

So just like before we got information ahead of the closure of the 700 stores and also the workforce being laid off. Next round of layoffs are going to be the cams. Each cam will have right around 20 stores. Going forward. It's probably going to... — read more 

3rd Rate Company with 3rd Rate Leaders

Layoffs are tough, but what did you expect. AAP has been nothing but a turn around story for 10 years. The call today was a concerning to say the least. WorldPac gone and over 700 stores closing along with 4 DCs. All the effort to get out West... — read more 

Upcoming Earnings

Grab your popcorn, it won’t be good! Stock heading to $28 a share and market cap under $2Billion.

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Post ID: @OP+1vhomJJV

Seems the new CE.n't know a thing about IT..

Should have been one of the first things he addressed, and a year later hasn't even touched IT, so most of it is gone to India, and he goes there to visit. Paying more for everything and getting garbage back..

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Post ID: @OP+1vdS4Z8Z

Leadership Concerns

Company is filled with bad leaders from failed companies. Many non executives are from poorly led companies that nobody has heard of. Companies that any college educated person would not work for. A lot of VP leadership and below from bankrupt... — read more 

Laying off at DCs

I understand that there are several DCs that are underperforming and are the focus of being closed down with limited opportunity to relocate. Anyone else heard this? We were told to be prepared to talk to our teams about this.

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Post ID: @OP+1utlheOY

Where is the Turn Around?

It is the same story every quarter and every year since AAP purchased CQ. There is no turnaround, company continues to shrink in size. CQ and AAP combined are very similar to Sears and Kmart. It will be a slow death, until they are sold or file... — read more 

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Post ID: @OP+1udgDglR

Availability issues

I often wonder if the reason we have such availability issues is because of the debt Greco put us in. The majority of the time it shows us FDO or no availability but the customer can call across the road to any of the other 3 part stores and it's on... — read more 

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Post ID: @OP+1tZswKtw

Any updates on Snowflake data breach

I heard that customer PII (names, emails etc), as well as current and former employee information was breached. Have not heard anything from the company about it and what they are doing about it. Has anyone else heard anything?

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Post ID: @OP+1tbJzp5O

Terrible Leads India Team

I am contractor there. I was silenced by their india lead for asking a question. Too much micro aggressions and micro management. I am looking for other clients as these people have no respect. My self esteem is hurt.

Hello

Is anyone even still working for these re--rds?

Needs More Adjustments

We encounter a limited overlapping time with our India team, primarily from 7 - 8 AM, a period often impacted by commuting or childcare responsibilities. Unfortunately, this timeframe is also late for the India team. Despite the primary business... — read more 

Advance laid off over 600+ employees in November 2023

While claiming that these reductions were focused on corporate, this is incorrect. They pared down their field based Pro teams as well. This should serve as one of many signals of their direction. Advance has struggled to really compete for the last... — read more 

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| 2066 views | | 3 replies (last January 26, 2024)
Post ID: @OP+1pJpD4Gd

It's in the news

Advance Auto Parts announces layoffs at Raleigh headquarters Advance Auto Parts, Raleigh’s only Fortune 500 company, confirmed Wednesday it will eliminate around 400 positions, including roles at its local... — read more 

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Post ID: @OP+1pChEMSw

It Seems Offshoring and Outsourcing Didn't Work

It has caught up to them. Offshoring everything from Finance to IT just failed now the US base is paying for it. Selling off just to get some cash, as they are operating at a loss currently, wonder why? They should be starting at the top, walk Tom... — read more 

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| 1514 views | | 2 replies (last November 15, 2023)
Post ID: @OP+1pBlQmyM

Hours being cut

Current GM is supposedly forced to cut hours and have to find some way to su-k up all the duties that can't be managed by a ghost staff.

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| 718 views | | 1 reply (November 15, 2023)
Post ID: @OP+1pAw91qh

Corporate Headquarters Abandoned

Even though the execs at the top created the mess the company is in, the new CEO hasn’t said anything to the corporate staff. His #1 priority seems to be meeting and traveling to be with store and field employees. That ain’t bad. But what about... — read more 

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| 1781 views | | 1 reply (November 7, 2023)
Post ID: @OP+1pnSksJQ

Cutting CPP hours

How many CPPs will stay after losing their 5 hours of overtime? Are they expecting, maybe even, encouraging a mass exodus?...this of course won't affect the huge volume stores but it will crush the smaller stores.

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Post ID: @OP+1p5k7Lj6

Advance IT Department Is Seriously Bad

The senior leadership of the Advance IT department should all be let go, hopefully the new ceo can see that.. I am sure it will take him a while, but I would not think too long, there are constant and ongoing IT outages where the company cannot even... — read more 

Upper Management Dance

Funny to see the upper management dancing this week since the new CEO started, all trying to look like they have been doing their jobs, which they obviously haven't... Especially the ones that came along from Pepsi with Tom and helped put the company... — read more 

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| 1423 views | | 2 replies (last September 23, 2023)
Post ID: @OP+1oCIBpMB

Get woke go broke! AAP kicked out of S&P 500

When are companies going to learn? DEI initiatives and outsourcing to India are not growth strategies. 12B to 4B mkt cap in just two years. This is what happens when you hire woke execs and McKinsey consulting to set your company strategy. Are there... — read more 

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Post ID: @OP+1oeThYbs

Hard to work

Contractors come to know about higher management decisions before fulltime employees. Some contractors are allowed to be rude with employees and boss them around. I was let go in 2022 because of ir difficulties with a contracting company in Europe. ... — read more 

Advance Auto Parts - more layoffs coming

This is what happens to a good company that uses woke agendas and India outsourcing as there profit strategies. Stock down to $75 after terrible earnings and rumor has it that large round of layoffs right around the corner. Other large companies... — read more 

Outsourcing to India

How long do you think it's going to take before all the outsourcing to India on account of American jobs comes back to bite us in the behind?

Cuts this week

I've been nervous about more cuts since the latest round ten days ago, and hearing rumors that there could be more coming this week is not helping. Is there anybody who can confirm or deny those rumors? I don't want to stress over something that... — read more 

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