This is a generic discussion thread to capture comments about potential L Brands layoffs? Any chatter, news or rumors?
Layoffs in progress
HR, Marketing and Finance affected. I hear about 100 people, proably more. Also, some cuts in IT but it seems it's not too much. The severance did not change.
Tuesday...
Hearing layoffs coming on Tuesday....anyone else?
Layoffs coming?
Heard there’s more in the works. Anyone know how big compared to 2020?
Another Round in March 2022?
I'm hearing rumors of big changes in the pipeline. Can anyone confirm?
L Brands Layoffs 2022
Make a prediction and tell us what you think about L Brands layoffs? Any chatter, news or rumors?
Victoria's Secret spinoff
What will this mean in regards to stores? Will more locations open up once again? What are the chances that those of us who lost our jobs when the old stores closed will be given the first chance at a position in the new ones? I am working... — read more
What's even going on
what is going on?
LBrands Withheld Earned Vacation Time
LBrands Illegally Withheld Earned Vacation Time Under Ohio Labor Laws
Check your LBrands 401k
LBrands sued over management of 401(k) plan. It’s no longer with Wells Fargo and no information provided to separated employees. Went to login and check balance and status and told by Wells Fargo it’s gone. No closure date, no balance, just gone... — read more
Even more cuts on the way
Rumors are surfacing again about more cuts before the end of this month. Is there and truth to them?
Bonuses Given to Employees they Kept
Yes, the company was in bad shape and needed to restructure due to the pandemic and poor performance for years by VS. However, they found a lot of extra cash to give bonuses to the people they kept after the layoffs.
L Brands Layoffs 2021
Is this going to be an interesting year as it relates to L Brands Layoffs 2021? Any news or rumors?
How are you holding up?
It took me this long since July to get back on my feet - but I did it. I found a job with a starter company and it’s nothing like LB. I can honestly say getting cut was a blessing in disguise. How is everyone that was impacted holding up? I hope... — read more
Keep your resume polished up
With the pandemic going on, nobody is safe here. Layoffs happen often enough to warn every one of us that nobody is safe. So instead of waiting for the worst to happen, work on your resume and start sending out applications. The worst thing that... — read more
Select LBrands Employees brought back
Receiving multiple reports of employees being brought back or their separation date being extended into next year. Excuse being given is they were over zealous with the layoffs. Anyone else able to confirm they know if anyone being extended or... — read more
Cultural Self Awareness
Does anyone else feel it's odd that we have identified a cultural issue within the brand to the point it was highlighted by the CEO right after layoffs, but the selected narrative around the culture at the QB was based around Diversity and Inclusion?... — read more
What do you think VS actually needed? What do you think they did wrong?
When it comes to product, leadership, org. What did you love, what did you HATE, who did you hate?
L Brands career placement services
Got a call from Leehecht Harrison. My career advisor’s name is Lakshmi and he’s from Bangalore India. They are paying him no less than 100 Indian rupees/hour to help me find a new job.
Tired of hearing how hard this is for leadership
I’m tired of these meetings (the one with Nada A. and others) saying how sad they are for those of us laid off but also enthusiastic about the new team members? Wtf. This is so messed up
MGT - Testing
Any impacts?
Negotiating Severance package?
Has anyone had success negotiating an L Brands severance package - e.g. increasing the number of weeks paid or maybe a retention bonus for a later separation date?
Severance
Have a choice if I want 2 1/2 jobless java candles or 15% off coupon.
What's going on?
Disclaimer: I work for a competitor who just had massive layoffs.
Which functions or locations are most impacted?
Does anyone know which areas of the business/teams and/or locations are most significantly impacted?
Q: How do they do it? Call? Conference with HR?
Do you know how does the actual act of communicating that you've been laid off happen? What do they tell you? How long does it take?
VSNewCo
What are your thoughts?
Asked my lawyer what info I need from "transition" meeting:
1) Severance (type, source, amount of payments) 2) Mass layoff/Buyout ID# 3) Your employer FED ID# (not as simple as just "Lbrands") 4) your start date mm/dd/yy (even a day off can cause denied unemployment app) 5) Specific reason for separation... — read more
Hired in the last 12 months + meeting today with HR = Gonzo
Don’t take it personally. Many others in the same boat.
Meetings
Individual vs group meetings?
Wednesday meetings
Does anyone know if the Wednesday meetings are also for people who are moving to VSNewCo?
Leadership layoffs
Why is it that much of the same leadership that was in place during that last economic down turn is the same leadership that will be choosing the associates to lose their jobs once again. Does anyone see the irony here? Perhaps if the... — read more
Any HR on this site?
Did all 850 "Transition details" meeting invite go out already?
Wed or Thur meeting who is invited?
WED SVP HR MGR HR DIRECTOR
3 day details released!
Check your email- sending out doomsday teams meetings, if scheduled Wed- goner Thur- new team assignments Good luck don’t vomit.
What’s Happening
What have people heard so far?