How many are impacted and how you are going to search new jobs?
Topics regarding layoffs at Ascena Retail Group Inc.
Has anybody managed to find a full list of closing stores? Most of the online sources are focused on their specific city/area, so it's just partial listings all around.
That is tens of thousands of employees without a job in the middle of this horrible economy. I don't think there could have been a worse time for something like this to happen. All Catherines stores are gone and most of the Justice as well. And don't... — read more
Unfortunate news. What are your plans?
After destroying the company knowing they made poor choices . How do these executives take millions in payouts .
Listen it's a challenging environment right now and I wouldn't necessarily fault the business if they declare bankruptcy but there needs to be some sort of communication made to the employees. We've all seen the news, we can guess at what's coming... — read more
The 1200 stores will they be a mixture of the brands or Justice and Catherines with some Lane Bryant mixed in .
As Ascena start shuttering 1/3rd of its stores, store personnel, store operations, IT, planners, buyers, all seem to be on chopping block
Looks like Gary and the other executives cleaned up this week ahead of bankruptcy and layoffs. Major pay outs to executives at the expense of the company filed with the SEC.
Very strange that so many people have been put on the street and are waiting to be recalled but the company finds money to match contributions to the latest SJW charity. Seems like getting the employees they c-apped on back to work and then worrying... — read more
More furloughs announced effective between May 15 and May 29 across company. Virtually all higher paid positions are still with the Company while most who actually do the work are being let go. If this was to conserve cash, they would unload VPs... — read more
Do you think they will follow with permanent layoffs here?
What's our next step? What needs to be done?
Does anyone know what the game plan is selling home office usually means company has been sold or higher ups are padding pockets for BK filing?
How many work at the company? What is the overall employee count at Mahwah?
I have been offered a job as a SSM for one of there stores . But after reading some reviews seems like company is not really a good company to work for Just looking for anyone who can give me the pros and cons .
Its pretty sad they took away our good incentives for peak, only get entered into a drawing for peak perfect attendance. A lot of us bust our a– for this company and just get sh– on in return. They are trying to cut back on costs,,,,then why the... — read more
Are they closing the distribution center in greencastle?
Have you heard anything about potential Ascena Retail Layoffs 2020? Any news or rumors?
This focus on talent is ridiculous they pay minimum wage get 6 hrs a week and treated horribly. A company on building up woman have adapted the mean girl attitude. It’s simple get stylish clothes that can be mixed and matched . Actually have the... — read more
Ascena is terrible....Associates hear on the news that the store is closing...still waiting for some type of formal notice from company ....worked there for 2 years....now that they are closing offered an assoc. Manager position to help them as... — read more
Where do you see us in 12, 24 and 60 months?
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 Can anybody confirm? — read more
Catherines Lane Bryant Justice are being offered to be sold in a similar offering as Maurices, with Ascena keeping 20-49% ownership. Positions will be eliminated and underperforming stores will be closed to make the offerings more attractive, (less... — read more
We didn't learn or change a thing from a year ago except we used up all our cash on hand. The loses incurred wasn't our fault, our customers just aren't smart enough to buy our products at the time we put them out 3 seasons ahead. Leaving us with... — read more
I hope they reap what they sow. They cant get their distribution location under control 3 top managers in 3 years at just 1 location. . either they cant hire good people or they keep driving the good away.
Layoffs started today.... 180 to 200 at Corp. Also getting rid of all contractors.
If Dressbarn is closing 650 stores, can you help me estimate total number of layoffs... This is what I came up with. 3,250 Layoffs, assuming 5 employees per store 3,900 Layoffs, assuming 6 employees per store 4,550 Layoffs, assuming 7 employees per... — read more
The issue starts at the top. Jaffe is too busy trying to please Wall Street and not building the company. He visits his buddy Jim Cramer all the time. He is what he is, and acquisitions person who is extremely poor at running this company anywhere... — read more
Ascena needs to realize there customers and associates are there business . There not loyal but want their stores to sell loyalty . Go back to higher quality clothing and fashionable. They say they survey customers on what they want and give them the... — read more
1000s of people will lose jobs. Ascena is closing all Dressbarn locations, people are losing their jobs. There is about 600 stores that will close, so do your math. Pick a number of layoffs, 5, 7, 10 per store. If you do not believe me check this out... — read more
Do you think there will be Ascena Retail Layoffs in 2019?
I think the Ann Taylor acquisition would benefit ascena if they looked at the things that Ann Taylor does well and try to get some of the Ann Taylor customers to purchase the other brands such as Justice for their daughters and granddaughters. The... — read more
Cannot believe it? Really? Layoffs again in Mahwah.
We are having layoffs right now - it'll be announced soon - ascena retail will lay off 10 executives. In addition, 200 more associates will be laid off. Plus Fashion Segment home office is fairly hit and also there will be cuts to Global Sourcing... — read more
It is a sweat shop!!! We are forced to work the jobs of three each because of lack of hours given to stores... we are forced to do major floor moves ... that include lifting far and beyond what the job calls for... forced to be the handy man's we are... — read more
After several years of top tier performance ascena let me go. The decision to eliminate my job made zero sense and I felt like I was thrown away like a piece of rotten trash. Hmmmm. They only have 300m in the bank and 1.6b in debt. The Ann Taylor... — read more
Is this ever going to stop? Here is what The Cowen Research newsletter had to say about Ascena: Our analysis indicates mass yielding closures of 20% at oversized chains. Traffic is likely most pressured at C growth potential at ROST, TJX, ULTA, WMT. — read more