Upcoming workforce adjustments are anticipated in the Shared services and social media departments. As with previous workforce changes, we can anticipate communication before the next earnings call. People familiar with Project Athena, including most... — read more
Currently a Penny stock
The company has been trading below $1 for a week. Now that possibility looms that the stock could be delisted. Although the process for that takes time, the prognosis for this company is dismal. Update your resume people
Is a warehouse closing?
After having months of absolutely nothing to do - this includes all of peak season and cyber Monday, out of the blue they are mandating overtime in the Bethlehem distribution center. There is no way you can convince me that orders have picked up that... — read more
Tomorrow is the earnings call
I think that will be the main decider in how many more will be laid off. I think it was obvious that more is to come. I'm worried not just about QVC and HSN, but that this will hit everybody. I hope everybody who was served their walking papers lands... — read more
Layoffs have started
400 people and counting.
Layoffs incoming across board
Bad results equal bad layoffs. The revenue has dropped in every single segment, which means that we'll be seeing layoffs in every segment as they "implement a turnaround plan." I don't see any other way in which they can bump the numbers up quicker... — read more
Have there been any QVC layoffs since January?