Now that the company has filed for bankruptcy the only question for the employees is how bad it will get. Whatever kind of reorganization they decide to implement it will come with major layoffs. And I highly doubt they plan to reorganize the ELT and... — read more
there certainly isn't any left by now. The coronavirus has made sure to speed things up and now we're on a fast track to bankruptcy-town. Talk about the worst possible... — read more
It looks to me like Guitar Center couldn't wait to get rid of us. They used the coronavirus crisis to their advantage and showed us the door with barely any help or benefits provided. So much for being a loyal employee and expecting some kind of... — read more
The only question is: was it COVID 19 that did them in or did the virus just force Japinga's hand. Poorly run company, mediocre management, crippling debt.... why did this not happen sooner?????
Being cool is fun, but being professional is what makes sales. They could reduce the kids working there and hire people with degrees in music and business. They miss alot of sales because they are "hanging out". Don't get me wrong. I hang out when... — read more
Every loss comes with layoffs, so this time it's no different. So far, $11 million lost from investors cost close to 200 people at corporate their jobs. I'm sure this is not the end of it, and we'll see many more layoffs by the time this all settles... — read more
The stream of bad news does not stop... Oh, well...
In case somebody was hoping for a turnaround, it looks like that hope was in vain. Guitar Center is among retailers which are expected to file for bankruptcy in the next year. For most of us, this is not a surprise, though... — read more
Guitar Center has so many things wrong that could be easily fixed, but nobody is bothering to do it. For example, not enough demo cables. Using the same cables to demo various equipment is a horrible idea in general. It means we sometimes don't have... — read more
all the things that once drew me to gc are slowly disappearing... the pay s---s, leadership is right there with it in quality - both district and regional, and we can only dream about performances bonuses... all of this used to be different... the... — read more
Guitar Center needs to work on its internal structure and network ASAP. Can't remember how many delayed orders we had to justify to customers because of this. I also have to make sure to follow through every step of the process or chances are it'll... — read more
I'm not sure what Guitar Center is thinking, I don't think we can handle any more staff cuts. We're already severely understaffed. People who are left get burned out and leave, and the new ones are chronically under-trained. No wonder our turnover is... — read more
Guitar Center is not closing. They are under enormous debt and a lot of pressure due to the coming payments they need to make off amount of interest on this debt. They saved themselves about 3 million dollars in payroll by laying off 140 people at... — read more
I heard rumors that Guitar Center is closing. Is this accurate? It seems that the company has major issues and that its finance are messed up.
...Were not those laid off. Gc is going down the toilet and the corporate jackasses in place giving themselves more control are prepping to chop gc up, I would almost be willing to put money on it. What do 20 plus years of experience at this company... — read more
You know, it's about time someone at the home office said, 'why do we have these people with no business skills running the most important positions in the company?' It's nice that we have tenured people at the top, but they were all salespeople who... — read more
Over 70 people, all mid to upper management, were let go to cut payroll. Meanwhile, the latest in a string of CEOs is being shuttled back and forth from his home via private jet. Tough commute, huh?
I left in 2011, I hear that you might be having layoffs - is that true?
Do you maybe have a list with stores that are going to be closed in 2015. I know that some of our South California stores are underperforming and that they may be one the chopping block.