Those fews dollars are going to hurt

Rumor on the street is they are trying to cut costs on labor and are planning on getting rid of US employees starting with remote workers, overheard a private conversation relating to this. Mexico call center is where they are focusing resources... — read more 

Share any updates you may have about Rent-A-Center layoffs? Any chatter, news or rumors?

Store managers in my region are becoming paranoid about potential layoffs coming this year. Due to everything moving to digital, they see that as a move to “automation” and cutting costs on hourly employees. Anyone else hear anything?

Down down down, just a little slower but still going down to the single digits eventually

Every year, coming soon, layoffs right before they have to pay out stock options. Sl--e company, vp’s and director’s, take vacation now… before you are gone. Fish stinks at the head, operations people are complete mo--ns and only think with their... — read more 

This place is so toxic that people are walking out on their own. I hear about somebody quitting on a daily basis. And I can't blame any of them. The moment I get a good opportunity, I'll be gone as well. At least those who want to stay don't have to... — read more 

Post any information about potential or actual Rent-A-Center layoffs? Any chatter, news or rumors?

Don't believe me. Dive in to any store showing more than 30 agreements per week. You will notice "frequent flyers". This means there are a few customers that always get typed up during a sales event. No money down 3 or 4 weeks free and it sits in the... — read more 

Wow, you really have to dig to find financial info about rent a center. Collections are spelling doom and gloom for the "mothership", not only financially but more importantly coworker morale. Can you put a $$$$ amount on low morale? Sounds like... — read more 

Want to know about a culture of playing and not doing anything. Check out a conference call sometime in the new Orleans area. Every store there is gross and the employees are just as nasty. Regional manager incubates that culture. Log into teams and... — read more 

Why are investors willing to pay a premium for upbd? Who are these masterminds of finance with so much money? You have to take a hard look to find out. Revenue declines double digits year after year, for multiple years... Hmmmm, go figure. Well great... — read more 

Why do you think RAC changed the ticker along with the name of the Company? Are they hiding something? Google results? Poor performance or good performance?

How will these earnings be explained away, who will be the fall person this time?

The axe is coming...

Make a prediction and tell us what you think about Rent-A-Center layoffs? Any chatter, news or rumors?

Why go to rac when you can buy at 65" tv at walley world for 260 bucks? The only sales they will get this week will be a bunch of skips. How many will be real, how many DMs and RDs will be cheating.

Why would u work there?

Time to franchise all the stores and get rid of the horrible upper mgmnt Rent-A-Center needs a major overhaul and this is a great place to start. What did this leadership do for this company other than destroying it completely? I can't think of one... — read more 

Recent moves are pointing to Q1 changes. Any insights?

How low can the stock go?

Not to move too off topic but for light fun, what are some crazy stories or incidents that made you question this job in general & make you say what am I doing here?

They try in vain to put the blame on us. It is more or less clear to everyone that they are imposing very unrealistic expectations. I don't want to feel guilty that an unrealistic goal was not achieved. I wonder if they actually want us to leave on... — read more 

I've been here too long. I'm literally stuck here. I hope that I will receive a new offer soon. On the other hand, newbies are staying shorter and shorter. Have you noticed that too? Recently, one person left after only couple of weeks here. This... — read more 

Everything is horrible. No redeeming qualities whatsoever.

The question is will rcii tell the truth about the state of their business or hide it from investors. Look for a spin, excuse or vague statements from the ceo. I read a post from an investor that was surprised by the stock drop for rcii and was... — read more 

Let's have a sincere discussion about this - how would you change this place?

I thought RAC was recession proof? The 4th of July is coming up and credit is sky high AND it falls on a Monday. Start shopping around for a new buyer to save rac...

How will the Company deal with the credit crisis? Turn a blind eye or fix the problem. I am very happy not to be working at rac!

Why more people are not leaving is beyond me.

RAC coworkers need to prep for credit to go sky high, higher than it is now! The consumer will be looking to have fun and not pay bills. Your on the no pay list!

Despite everything, it was hard for me to give notice because I used to love working here and I hoped that some positive changes would happen. There are still some great people here and I hope that they will soon be able to find better options... — read more 

Lol

A bunch of excuse, stimulus money, supply chain, etc. What does it mean when the ceo says "we believe that"? Good luck rcii investors!

I hear credit numbers are out of control! Hmm, take a look at those audit trails on Monday so can can see what your DMs and RDs are up too.

Layoffs this past week at corporate and they outsourced two depts there. Why isn’t leadership held accountable for their bad business decisions?

All those investors on the msg boards are asking how did this happen? The answers are on this site, read the posts. Rac is done, acima won't save them. Do your research before you invest in rac and i dont mean read the earnings reports and that... — read more