Grab your popcorn, it won’t be good! Stock heading to $28 a share and market cap under $2Billion.
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..
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.
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
Advance Auto Parts closing stores 2024?
Which stores have closed or will be closing during this year?
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
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?
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 Auto Parts Layoffs 2024
How likely is that there will be Advance Auto Parts layoffs? Any chatter, news or rumors?
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
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
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
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.
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
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.
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
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
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
More lawsuits
... — 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
Advance Auto Parts Layoffs 2023
Have you heard anything about potential Advance Auto Parts layoffs? Any chatter, news or rumors?
beat earnings, things are better than expected
i hope it stays this way, we beat earnings and that's what counts. i am afraid we'll still have hard time hiring and that labor costs will be thru the roof. not bad for the worker. i am not expecting any layoffs at any level and at any group and this... — read more
Waiting for our turn
I don't know if many people pay attention to this, but I've noticed that there have been many major layoffs in the last month or two in our industry. It doesn't have to mean that we're next but I wouldn't be surprised if we were. Make sure you're... — read more
I'm giving my two weeks' notice tomorrow
Nearly a year of searching for a new job that pays more (there were plenty of available opportunities but the pay was as bad if not worse than here) has finally paid off! I'm able to leave this place and I plan never to look back once I walk away... — read more
Things are looking up
Advance Auto Parts Inc. is expected* to report earnings on 02/14/2022 after market close. The report will be for the fiscal Quarter ending Dec 2021. According to Zacks Investment Research, based on 9 analysts' forecasts, the consensus EPS forecast... — read more
Advance Auto Parts Layoffs 2022
Do you think there will be Advance Auto Parts layoffs? Any chatter, news or rumors?
I'm out of this toxic dump!
Friday was my last day. Now it's been two days and I still can't believe that I don't have to go back and deal with my incompetent manager and good-for-nothing coworkers who expect me to do their jobs while they find more excuses to just sit on their... — read more
Is anybody still enjoying their job?
I'm a simple guy who loves cars. This used to be my dream job and I was more than happy here for years. Then things started to change. I'm not talking just about the layoffs and closings but the way employees are treated. Managers are acting like... — read more
Was it just a rumor?
I read a reply that layoffs were supposed to happen the week of 4/12. I’ve been keeping my eye on the site but so far there has been nothing said. Did a layoff happen and people are just remaining quiet or was it all just BS to get people worried... — read more
Have things been improving?
I see little to no chatter about layoffs, I'm hoping this means we're safe for now?
Is it too late to volunteer for a layoffs?
Are we now at a point where severance is so low that there's no point in even waiting to be laid off?
Advance Auto Parts Layoffs 2021
Do you think there may be small/medium/large Advance Auto Parts Layoffs 2021? Any news or rumors?
Have they closed even more stores?
Sometimes it seems like they're working their way down to liquidation without anybody noticing through stealth-like store closings...