So I was fortunate to make it on first round, now the rumors are more to come after disastrous Q2 upcoming results. What have you heard? (HQ corporate)
Topics regarding layoffs at Office Depot
Executives sell off?
Or do we have to wait until August 7 to find out when we can expect more cuts?
Have you heard anything about potential Office Depot Layoffs in 2019?
I was laid off may 8. A logistics manager was laid off also, after 21 years. She had an hour notice, I had 5 minutes. To my knowledge, nobody was offered severance, we got told to submit our time and expenses by 1pm that day. I mean, it was slow for... — read more
I’m going to be grateful for what Office Depot did provide me and my family over 13 years, but I will never understand the decisions being made. Loyalty and dedication are not words appreciated in the corporate world anymore. I was generating... — read more
At the request of Office Depot, Palm Beach County could terminate the $100,000-a-year incentive program it has with the office supply retailer. The deal was put in place to incentivize Office Depot Inc. (NASDAQ: ODP) to build and keep its... — read more
Anyone else hearing this? All conference rooms on 1st floor north are on hold.
Did anyone else not receive their severance package that was promised by Saturday? HR said it was shipped NDA and clearly that wasn’t the case given I was laid off on Wednesday, and didn’t receive anything Thursday through Saturday.
Talk about hectic work environment! You are thrown into the fray with little training as per corporate orders (can't waste hours on something as trivial as training,) so juggling learning on your own and working at chronically understaffed and... — read more
I’m sad for all the layoffs but down in the trenches at retail level we have been on pins and needles far longer. Our annual reviews were based off of 2 quarters which led to a rating of Needs Improvement, no raise and a PIP. We are told that if we... — read more
So, after a long week of layoffs, corporate restructuring and a town hall where Gerry and his financial 2nd in command wear $300 shirts and thousand dollar watches while telling us "we have to be all in..."..... Then we hear from HR that Depot day of... — read more
sketchy sales tactics and badgering customers to sign up for services when all they came in for was a pencil. managers are on the associates because the district managers are on them so on and so forth, gerry smith has done nothing for this company... — read more
Just depends on position and how they classify it. If you're a corp/field employee and they restructure the teams and you end up laid off due to them eliminating your position, than you'll probably receive a severance package. If you're a GM who has... — read more
Sorry if this was asked and answered, but I can't seem to find it. I'm planning to leave on my own, but staying a bit longer in hopes of being laid off and receiving severance is something I'm also considering. I am worried though that Office Depot... — read more
That is definitely a terrible way to be managed by one’s employer. It’s certainly not a strategy that would inspire positive morale, loyalty, or any long-term performance improvement. That is simply a desperate executive management team exercising... — read more
Yes, the layoff's have begun at Corporate. What is it going to take for these high paid exec's to realize outsourcing to India Is not the way to go! They would have done better to rebrand as a USA company. Who wants to talk to someone over seas?... — read more
Not sure for how long, but for now the worse is over, I think.
https://www.businessinsider.com/office-depot-closing-stores-list-2019-4?utm_source=copy-link&utm_medium=referral&utm_content=topbar&utm_term=mobile — read more
Is anything rumored? I doubt that any of this will stop any time soon, so there has to be some method in which they will do the closures. Has anyone heard anything or has anyone seen any symptoms at their location that could indicate closure? What... — read more
Hello everybody. I was hoping somebody might tell me what kind of severance is being offered by Office Depot to employees in closing stores and who is entitled to severance? I don't think my store is closing in this round, but I wouldn't be surprised... — read more
300 people fired with 200 more to by by Friday! All because compucom lost money in Q1. Failed attempt at building shareholder value. They think they can turn over the contract division to ISO. Good luck with that!
Multiple teams at Corporate told today that layoffs are done. Company-wide town hall with Gerry Smith tomorrow morning to announce this is the new team.
Share if you've heard anything, please. I'm really anxious ahead of the weekend, not knowing if we are done or not.
Any information on a swath of layoffs at all levels of the OD organization? Directors and VPs in this round.
Any ideas on what else we can expect this or the following week? Something tells me that yesterday was just a start. I haven't heard about much going down today, but I'm not ready to take that as a good sign. Office Depot has burned me before... I'd... — read more
It seems to be headed in that direction. It is about time. Nasty work environment with some of the most unfit to be in management folks you could ever imagine.
In corporate there are talks of buyouts and severance packages however if you are seen as underperforming you get the axe
i (a customer!) was told by someone who worked at my local Office Depot years ago (and probably has since left for greener pastures) that they don't even buy stuff from there because the employee discount barely covers the sales tax!!
2 southern new jersey OD stores are closing in May. Corporate told employees all was well and then just came in one day and dropped the news. District managers have already been let go. Supposed to be restructuring but closing stores that are still... — read more
what are the details of the latest changes? were there layoffs?
Many stores will be closed by end of may, company says lease agreements are the factor for most closings.
I heard from a friend who still works for the company that they are changing the pay outs for Square Trade & TDS in 2017. The only way you will get anything is if you are in the top 500 in the company you get 5% and if you are top 100 you get 10%. So... — read more
office depot expects way too much work for the amount they are willing to pay. not sure how we got to the point in time where companies believe that people will be so grateful to even have a job they'd be willing to do everything for barely anything... — read more
Do you know if Office Depot will be closing any stores in 2018? Also, do you think there will be large layoffs and if yes, who will be affected.
This is only if the proposal to close all Max stores is approved. The current cost analysis shows the company will never be able to afford changing all the stores over to the name Office Depot. The talk of closing all Max stores was floated around... — read more