Topics regarding layoffs at Follett

Topics regarding layoffs at Follett

2669

spring rush will be a disaster.

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Post ID: @OP+tF2aVJV

Anonymous2668 whats with the east coast

Everybody hears the rumors from their company relationships, typically in their vicinity. I only hear the ones about the home office areas - some big ones on the way if rush numbers don't improve.

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Post ID: @OP+tFrlJnW

2629

What's with east coast? there are over 900 hundred stores. it's not all about the east coast.

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Post ID: @OP+tFIKkaC

Regarding bonus payouts

I work in corp HR and got my bonus payout last month too. They are not paid once a year.

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Post ID: @OP+tEMN9JD

Dinosaurs hanging on

Is Howard Taylor still there? Cannot believe it if he is...what about Hatton?

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Post ID: @OP+tEjGzhk

east coast fall out?

Heard whispers of east coast stores planning on getting rid of text managers and replacing with part timers and store managers as well, any truth? Also this will be the last year for bonuses for managers, next year they will be getting rid of them... — read more 

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Post ID: @OP+tEUkYkd

Get out NOW! It's so much better on the other side.

Anyone else hear about DeVry dropping Follett? Heard from a friend that works for DeVry. If they really just lost one of their largest, if not the largest client they are really in trouble. If they can't even keep DeVry, the numbers are really going... — read more 

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Post ID: @OP+tEPCpGZ

Follett already gave themselves a huge dividend to themselves Dec 2012. Maybe not to all the shareholders but the owners got it in the millions.

If they won't pay $750 to staff a bookstore that HAS business then they are going to turn around and say everything was the previous leadership problems, really? Sounds like our politicians. So no staff and don't bother excepting anything to be fix... — read more 

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Post ID: @OP+tDdyDPY

Another lie...

The biggest joke was the promise that 100% of the hours would be replaced for rush. Instead, the store I'm at had 80+ hours cut and I received a "that is your problem" type of response from the regional (sales are good.) I'm fairly sure the regional... — read more 

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Post ID: @OP+tDXX7JQ

Anonymous2570 (Concerned share holder)

Who would buy the company now? No one wanted to buy the company two years ago when it was for sale before the last two years of sales declines. Follett should borrow heavily and pay out huge dividends to the shareholders (Follett family) as that is... — read more 

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Post ID: @OP+tDd09Wc

Anonymous2576 (I.T.)

Audrey is doing fine managing the move of the offices to the single facility. She is the right hand person to Mary Lee.....don't worry she will do just fine in the long run.

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Post ID: @OP+tDtfKUF

Can't keep up.

Who is Elsperman?

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Post ID: @OP+tDmiCpP

What happened to Audrey?

Heard she refused to report to Elsperman-- how juvenile

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Post ID: @OP+tCsXdP7

Campus Gift shop

This idea won't last long. Everything Follett stocks is awful and ridiculously overpriced.

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Post ID: @OP+tCb1iiL

Bottom line

Follett is facing an uphill task in attempting to create substainable growth in a market that is changing rapidly toward the elimination of companies required to order, stock and sell hard copy texts. Eventually all publishers will circumvent Follett... — read more 

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Post ID: @OP+tCjVWr0

Bonuses potential

Business analyst 10-15% of annual salary

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Post ID: @OP+tCEOSlz

Regarding the Sears / kmart comment

I didn't mean that those characters are not at fault and I agree with all of your remarks. It's just that the previous leadership wasn't a brain trust. Everyone knew we had poor leadership but as long as the family got a dividend check they chose to... — read more 

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Post ID: @OP+tCJQf1E

Don't put decline at Follett on Sears or KMart ex-employees

If you work at Follett's Oak Brook office--have you ever seen a member of the senior staff in their office before 8:30 am or after 5:30pm. The office on Friday afternoons is a ghost town and The LEADER of that group took about 10-12 vacation weeks... — read more 

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Post ID: @OP+tBVJNEF

Sears K-Mart Sales Slide

Thank the lord Follett is being run by ex Sears and K-Mart people. They've reported a 7.4% sales decline in Q4 compared to last year.

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Post ID: @OP+tBNx6bT

Everybody needs to calm down

After all, we are all in the to same boat. Seeing my teammates lose their jobs is very tough on me. My advice is this-- everyone needs to have an updated résumé and constantly work hard on staying in touch with people they know in other markets which... — read more 

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Post ID: @OP+tBZhDFn

Me too

Yes -I have never received a stock option but would love to be that fortunately.

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Post ID: @OP+tByprBu

Anonymous2421 (HR)

Bonus payouts are not until June dope. Luckily the deadweights at corp will get a bonus because of the performance of FES. No bonus for FHEG division period. You can tell the HR people, always talking smack. With the new HR system, projections for... — read more 

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Post ID: @OP+tAzoClK

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