Does anybody have any info on more layoffs?
Topics regarding layoffs at FTD
Another Example of Executive Failure at FTD
1-800 Flowers announced amazing earnings and hit record highs thanks in part to the growth at Shari’s Berries, which was sold during FTDs bankruptcy. Although the street is littered with former FTD executives it’s a shame that they are still with... — read more
Over $1 Million a year compensation?!?!?
Massive fees paid by Florists and Consumers covered compensation of over $1 MILLION per year for long time leaders of FTD as it crashed and resulted in hardship for florists and pain and suffering for so many laid off loyal employees. How can... — read more
Chosen remaining leaders
Interesting lawsuit referencing remaining VPs in florist. Shows a bit about the company and the choices they make. https://jenner.com/system/assets/assets/247/original/Musa_Muaremi_v._Florists_Transworld.pdf?1314218250
WEWOW
I am surprised that the leader of the florist division still feels ok about his leadership after having laid off so many of his loyal subjects. WEWOW till you get fired, I guess. One word for the year certainly is not HEART!
is downtown still a thing?
how about the 2nd story building?
What's the latest on more layoffs at FTD?
Has there been any news?
Could FTD realistically survive?
In the few years I was there ftd bought a building downtown and only used 60% of it went thru a few ceos rob, Wal, Scot had layoffs every year stockwent from 30 to delisted when i told previous people who worked at FTD I was a... — read more
Stages of corporate decline - Courtesy of Jim Collins
This forum is kinda dead as far as useful info about the current/future trajectory (likely because they literally just installed a new top leadership team and not much is known as of yet). That said, here's some info for anyone (even if perusing... — read more
OK so maybe this "transformation" business can sell....cryptocurrency to stay relevant?
If interested in how leaders (cough cough ahem) transform dying businesses in the long and slow decline stage with hip tech buzzwords like "cryptocurrency," read... — read more
Wait...who now owns ProFlowers?
In trying to determine who owns who before ordering up a bunch of gift baskets and stuff to send to some wonderful social workers and nurses who took care of a very critically ill family member, I cannot keep these companies straight. Years ago... — read more
FYI if interested in the "why?" behind an interim CEO
So, someone on another thread pointed out multiple CEOs. In reality, not all were permanent, some have been interim only. Why hire a temp–whoops!–I meant interim CEO? According the Harvard Business Review... Interim CEOs are very... — read more
Are Teleflora or 1-800-Flowers laying off at all?
Are they just being quieter about it since they don't show as active discussion forums on The Layoff? Or are they waiting to see if postponed, but now smaller group size weddings will occur throughout the Summer first? No floral company can be... — read more
Theories on why FTD'd old "interim" leader never made permanent CEO?
So why just "interim," the befuddled observer of interesting corporations wonders. Theory: Intuition at former company a bit...err...off? Eastman Kodak (which, by the way, has had a history of layoffs over the years) dabbled in cryptocurrency... — read more
Are even more layoffs inevitable? Let's look at Hostess case study
According to this article, when Apollo turned Hostess around, the company had 1200 employees. Hostess USED to have 8000. https://news.elearninginside.com/meet-apollo-global-management-the-biggest-for-profit-education-manager-in-the-world/ Now... — read more
Some background info on Apollo Global Management
Researched this Apollo Global Management (where some Nexus Capital execs used to work, apparently). Specializes in buying distressed companies and "revamping"... — read more
Invasion of Privacy Hypothetical Question and the PHR
So here's a hypothetical scenario. Let's say that in some private sector, perhaps private equity backed portfolio company, someone non management level discusses what any reasonable person would assume is PRIVATE information, such as the current... — read more
Can the Illinois Department of Human Rights help corroborate?
Inportant injunction Cooper v Salazar https://www2.illinois.gov/dhr/FilingaCharge/Documents/IDHR_Credibility_Notice_to_Parties.pdf It means credibility can no longer be determined without affording plaintiff the right to confront and cross... — read more
OK so for a good laugh - imagine the old iteration of the company trying to enforce a non-disclosure of some sort
Maybe a hush hush don't talk about any embarrassing facts, like those agreements that try to buy silence and make people shut up and just go away. But you look on the internet and see... — read more
Let's play guess the speaker
Quote #1. "I don't see how they can justify paying (salary confidential) to a (ADA protected from discrimination description here). Quote #2. "We could have hired anyone but a (insert ADA protected description here)!" Quote #3. "My parents... — read more
Gee look who's probably NOT violating the ADA!
Competitor 1-800-Flowers https://smilefarms.org/our-story/ Chris McCann just sounds like a cool CEO Look what they set up! https://www.marketingdive.com/news/1-800-flowers-debuts-social-support-group-portal/577934/ So tempted... — read more
FYI - Don't be a chump - hire a lawyer
Just an FYI for The Layoff Forum Would you sign away your right to commence legal claims for... Retaliation Invasion of privacy Defamation per se Discrimination Emotional distress Insert Whatever Else Here and on top of it, accept... — read more
Check this out - the press reads The Layoff forums
Noticed the IBM forum on The Layoff and then saw this... https://www.bizjournals.com/sanjose/news/2020/05/21/ibm-layoffs.html The media picks up on anonymous postings on The Layoff. Post links if anyone finds anything in the future about... — read more
So, when the new leadership team starts chopping heads
Wonder if the charismatic, gregarious and manipultive types will fly under their radars or not? You know, the temperaments who spread false rumors to protect themselves from those who see right through the... — read more
New C-levels management
Looks like FTD (Nexus) is installing new leadership. Check out the management section on ftdcompanies.com/managmeent. Several new executives a new CEO in March and new COO and Creative Director in May. What is Jay and Aimee still doing there? My... — read more
Just saying...
https://www.jimcollins.com/books/how-the-mighty-fall.html
OK, this is not good - Consumer Affairs reviews FTD Mother's Day 2020
You have to scroll down a bit to get to the May 2020 reviews, but they're there. Yes, you get that people tend to post negative reviews precisely because they are disgruntled about the order, but come on, flowers never arriving?? And FTD has not... — read more
Might this be why competitors are munching up market share?
John Tabis, CEO of Bouqs, which had been (get this) passed over by the sharks over at "Shark Tank," explains how many layers of middlemen should be disintermediated right out of the supply... — read more
Furloughs, layoffs & mandated home imprisonment (practically what it is) not ending evenly across the State of IL
New challenge to constitutionality of extended IL lockdown order: https://abc7chicago.com/society/state-rep-files-new-challenge-to-pritzkers-stay-at-home-order/6178259/ Economics is all about trade-offs. You cannot simply fret about... — read more
No furloughs or layoffs at FTD's big competitor! Nope. They're on a tear.
Despite being located in New York, a hotbed of COVID-19 cases, FTD rival 1-800-Flowers just got a big thumbs up from Zacks. https://finance.yahoo.com/news/1-800-flowers-columbia-sportswear-165204854.html
Odds of FTD ever overtaking 1-800-Flowers for market share?
As if it weren't enough to watch a company furlough people and cut pay for others during the COVID-19 pandemic AFTER having just emerged from bankruptcy, guess what's in the headlines for top competitor to beat, 1-800/Flowers? They're getting TAX... — read more
Another reason to DONATE part of your unemployment to the food banks
Because the gosh darned State of Illinois still hasn't hit COVID-19 peak yet. Now predicted to be mid-June... — read more
High profile pre-Mother's Day marketing by FTD rival 1-800-Flowers pays off
Stock up for the (still) publicly traded FTD competitor- https://www.nasdaq.com/articles/1-800-flowers.com-flws-hits-fresh-high%3A-is-there-still-room-to-run-2020-05-11 Competitor Teleflora just got a mention in Adweek for their Mother's Day... — read more
Where were the big bucks on marketing???
"It is well documented that brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic... — read more
Attention furloughed FTD people: PLEASE DONATE
When you get your unemployment, please do two things: Call up your congressional district office and tell your elected representative to push to EXTEND the enhanced unemployment beyond July. It will be necessary to extend this program based on... — read more
Well furloughs aren't so unproductive after all - lots of time to study the competition
Now it is clear why 1-800-Flowers is thumping FTD. Here's what they did during the LAST economic downturn in the USA... THE CEO WENT ON TV ON "UNDERCOVER BOSS"! https://m.youtube.com/watch?feature=youtu.be&v=SaePFkSeGr0 Also, interesting... — read more
1-800-Flowers crushed it media-wise - where's FTD???
Didn't a brand spanking new CEO just get hired? Where's FTD??? "Business Insider" wanted to hear about how the floral business was affected by COVID-19. So they asked Chris McCann of 1-800-Flowers and Bloomnation's Farbod Shoraka for input leading... — read more
In case anyone cares even though Mother's Day came and went
If anyone ever goes on to a marketing job somewhere at some point in time (or goes back to school to study it, or sends kids to college to study it), here's info on why you want to INCREASE marketing spend during... — read more
In 6 months, if Nexus Capital bought the wrong company, then it's a shame
So Mother's Day has arrived, the State of Illinois will open up as slow as molasses, and FTD has furloughed tons of people while putting in a just so-so marketing effort this critical Mother's Day season with competitors nipping away at market... — read more
The way things are going, not even the competitors will be hiring either
All of these here big companies are slashing jobs. https://www.wsj.com/articles/company-layoffs-snowball-as-recovery-appears-elusive-11589040771 https://www.nytimes.com/2020/05/07/business/economy/coronavirus-unemployment-claims.html Bet... — read more