I was ho[ping to get some thoughts on that, especially given the fact that my opinion of the state that the company is in is quite the opposite of what the numbers say. I don’t see any improvements in sales or in any other aspect of the business. Who... — read more
Topics regarding layoffs at Lowe's Cos.
It’s about time that someone has had the courage to clean up Lowes. We have been running the same for years and getting our butt kicked by depot. It’s hard for people to hear but there is plenty of lazy , overconfident , entitled people that need to... — read more
Looks like my post last night was removed because of it being truthful. So here it is again. Stock price on 8/22/18 was $107.15. Fast forward to 8/23/19, it's at $108.16.
Are we now doomed to more layoffs each quarter because some might feel the strategy is working? (Even if most of us know it's not?)
I'm very grateful for bikers and veterans right now. Once I shared what Lowe's was doing to employees it really hit all the wrong buttons with them. Between the bike shops and the American Legion post 7 individuals and one owner with 4 shops through... — read more
A lot of talk about the Q2 broadcast. Has anyone seen it? The talk is that by 2020 operational hours will be 40% of payroll instead of 60%. This means Back End, Delivery, and Cash Office will need payroll hours cut. Is this true? Where does it... — read more
Taking a look Lowes comps were really only 2.3% compared to HD at 3%. Sure we beat HD in comps in the US by 0.1% but Lowes Canada must be underperforming since our overall comps were dragged down so much from 3.2 in the US to 2.3 overall. Maybe... — read more
Do you know if we have less expensive options in California - COBRA health insurance is crazy expensive, they are like a #gold plan - I heard there may be other options. Anyone knows more?
well I was told that a job would be posted on 5 august . it was I applied got offer on 12th. accepted offer but had to bring proof in to store on the 21st because so called corporate hr could not find where I signed now waiting on background check... — read more
Corporate said they were going to third party assemblers and fsa's so the associates could spend more time with the customers. Last weekend we did not have a grill assembled because we have no assembler, so 3 sales associates are putting a grill... — read more
When Enron finally exposed itself as a fraud it was too late for the most ethical and revered accounting firm to stand for more than an enabler and apologist. When good core value companies become entwined with poor principles and greed driven... — read more
The corporate degenerates in charge of this program have no idea where their focus needs to be. At some point supporting the teams in the stores needs to be a priority. We all know it never will be.
How long do you think this can last? The only thing that is driving these numbers are layoffs. That's it. Does Marvin plan to continue laying off until there is nobody left at the stores just to pump up the numbers? We are losing customers as it is... — read more
Are any of you missing vaca or holiday? Can't be checked the old way when you could see what's left at end of fiscal year. More than a few of missing time left the way it looks now.
Hardly worth keeping lights on......where's all these earnings.....no one here. Three hours wasted!
Thanks Marv for bringing up the stock price up to where it was a few months ago. To celebrate, tomorrow I am selling all my Lowes shares and purchasing Home Depot stock. Why have a cheap imitator when you can own the real thing?
Yeah I remember that Marvin guy. Cut all the fat off the workers' backs, reworked the inventory with cheap knock off product to make it look full. Thought giving space for haircuts and coffee would turn things around and make Penny's a... — read more
Home Depot now turns the tech screw on Lowe's by eliminating cashiers with automated check out. They have added those hours back on sales floor and quess what?; have hired disgruntled ex Lowes employees to help their customers. Lowe's is still... — read more
Well, Well Lowe's has dismantled enough labor and revenue streams to gain their 30 seconds of fame. Funny they didn't get there by increasing sales (down for quarter) increased market share (HD still grows more foot traffic} or anything other than... — read more
One of the best quarters in over a decade !!! Stock up 12% ........ guess all the change is working.
With all the BS going on, I am wondering if any posters have experience/insight into the health insurance situation. I'm actively looking for something new, but the insurance question always comes up. Our ASA (good person) is telling me that... — read more
Plain and simple: Lowe’s is rejecting tenured associates for other job postings either in their own store, or for positions at other stores. Now that the store level HR’s are gone, the mission is clear: deny the applicants with seniority a chance to... — read more
I really don’t want to stay at Lowe’s, as I don’t see that anything good can come from the way this company is ran, or from this leadership. On the other hand, I really don’t have time to go job-hunting, so the only thing left for me to do is leave... — read more
Study from a couple years ago that found 21% of CEO's had clinically significant levels of psychopathic traits—the same rate as prisons see! findings were probably pretty... — read more
honestly, i know these ceo's could care less about their employees and customers, but this is a bit telling to me. these individuals are coming out with this statement as a direct result of knowing the sentiment in this country is turning very... — read more
I’ve been a little disappointed lately with the quality of posts on this site. It seems to be awash in conspiracy theories, wild accusations and just generic griping. I realize that many of you may have circumstances that differ from one store to... — read more
I'm a supervisor making $24.86 and hour. I was wondering what other supervisors are making?
Marvin Ellison is on the way to transform a good company, Lowe's, into the sewer. He says into a "GREAT" company but his apparent skill as a motivational speaker...which is all he seems to be good at...is overshadowed by what may be his real... — read more
To tell you the truth, I’m a little surprised by the amount of people who are shocked by the way the company is treating its workers. They don’t care about the quality of work, they don't care about having employees that are going to give their 110%... — read more
Any of them?
It's a long time coming. I've given Lowe's ample time to make good and then fail Everytime. I'm a landscaper. I own the business. I have three crews that cover and area of 4 Lowe's stores. A year ago, I decided to open a LAR account and I was... — read more
this ceo is driving it into the ground.and not to mention mean joe.they get a base salary,the stock drops they buy into it,then bam ,it goes up 2.00 dollars they just made 1 million if they bought 500k shares.they are pleasing the shareholders which... — read more
It’s been three weeks since the store, restrooms etc have been cleaned. I’m sure none of the equipment has been serviced. All the other FSA duties have either been dumped on others or not happening. How many unsatisfied customers have complained due... — read more
Every Sales Specialist that was lied to about keeping their allowance should DO THIS!!
This company gives guiding principals to its employees, but Marvin feels free to abandon them to steal a few scheckels for his hedge fund masters. Sad.
He is responsible for every single decision made by a $70 billion company and is accountable to the board of directors. What do you think that’s worth? From another section here.
Home Depot was on my store recruiting the sales specialist, offering to match what they were making before Marvin took away their allowance. Several have already set up interviews, looks like more out the door at my store!