Ok so I used to work in the Baton Rouge La district and I want to let you know how RAC puffs up those numbers to look good. We will have a "sales event" that is letting customers start a new rental for just $10 down. That will make their due date... — read more
Topics regarding layoffs at Rent-A-Center Inc.
If the market makes a turn soon, do you think there will be Rent-A-Center Layoffs 2020? Any news or rumors?
If you don't like the way that RAC makes you pay your bill, or you just want something free, call the 1800 and complain. Better yet give a bad score on the VOC and you can get whatever you want. Want a month a free time, granted...only have $50 to... — read more
All this negativity and that release says we're doing great. We're turning around a corner so let's stop the negativity
Just heard that everyone in another department will be let go soon. The people at the very top really dont care about you as it they will continue to cut down the n headcount to make their numbers. Better start using your PTO and vacay days as I... — read more
RAC HQ is up for grabs and on the market. After ALL the layoffs looks like RAC needs to downsize office space. What's next?
So yesterday I was demoted from a DM yo store manager even though I was producing numbers and trending positive. Wanna know why? Be one of my coworkers requested a work accommodation. I am now working under the DM I trained. Watch out cause snakes... — read more
I was a store manager for several years, and let me tell you, I've seen it all. Yelling matches in SM meetings, whole stores quitting at once, fake D's, and stores faxing 20-30 extension requests to hit numbers. I was there when high touch was phased... — read more
I am not with the company so I can give an honest perspective. The locations would not operate well without layers of management. The shrink would be through the roof, customers would not be serviced properly and there would constant infighting... — read more
Hedge fund said RAC would be worth $39 by the end of the year.
After we went to six months same as cash, we got a bump but now things are slowing down. Do you think corporate would go back to using part-time? Some of us are worried how things (hours, etc.) could change if this keeps going.
When are they closing locations and what locations are on the chopping block. I'd like to find: location number of people laid off dates for closure reasons for closure the plans for leases and real estate Anyone has more info on what locations are... — read more
Does anyone know what company is doing all the repairs for RAC after they closed all of the repair centers?
Can't really say much about whats going to happen in may, saw a comment on here mentioning it and decided to raise awereness of something really bad coming down the pipeline to everyone... Reason? Well it's high up the ladder. The Big guys read these... — read more
Ok so everyone needs a form of management but for DMS to have 9-10 stores that they really do not contribute true success to instead just an email or text to pressure stores to produce numbers that were obtainable a few years ago seems like a waste... — read more
It's been interesting reading the messages on this board and I sincerely hope either things turn around or you can find a better opportunity. I'm neither long nor short the stock, and came across the company while reading about the Vintage deal so I... — read more
First test for new and improved rac, can they hit credit on Easter weekend (the right way)or will they not improve the lives of their customers and coworkers? Aarons get ready for some new customers!
They cheat to hit the numbers. You know how this ends.
Success can be had in this business if you do it the right way. The right way is usually ignoring what upper management says and to do it the way you would had you owned the store. I have had many years of success and have given myself and my... — read more
I know there's been a lot of negativity lately, and for good reason. My store is doing okay, but I have my concerns. I guess for the company overall, the majority of costs that can be cut have already been cut. I think. I don't know how many stores... — read more
Any word on the hearing today? Some are worried about job if Vintage wins.
When you can’t decide whether you’re more afraid off layoffs or you are secretly hoping you would be cut, then you know you're not working in a good place. I don’t know how is it going for the management bigshots but for the store-level employees... — read more
80 DM's let go today from info I got with a realignment along with it
DMs really contribute nothing to the success to any store they just email numbers up and send texts out stressing credit and salesstores can have an automated line for that. Store Managers are the core of the store in the field doing the work. DMs... — read more
All this noise about no merger because the turnaround is working. Who started this turnaround plan and was against selling from the beginning? Mark Speese. Mitch Fadel should be kicked to the curb. Bring back Mark and let Mark finish the work he... — read more
Anyone get their PTW win taken from them? Hang the carrot out there then say, "oh we changed it but didn't tell anyone." — read more
Vintage Capital exec calls Rent-A-Center management 'a bunch of crooks' in civil trial over failed merger...
Anybody have friends in high places that know which districts and DM’s are getting cut?
I work for an investment firm and I've been tasked with looking into RCII as well as Aaron's. I'm getting up to speed with the current issues and one area I'm trying to figure out is that same store sales have been strong in 2018, is this because... — read more
If the economy turns around, do you anticipate any Rent-A-Center Layoffs in 2019?
It's been a while since I've last heard about a location closing. While I know that would usually be considered good news, I'm starting to worry that this might be the calm before the storm. Am I worrying for nothing? I know everything points to us... — read more
I honestly don't understand how Rent-A-Center can even consider more layoffs - at least on the store level - when we are severely understaffed as it is. We are expected to do daily 12-hour shifts due to this, which means that if you work here you can... — read more
With the Acceptance Now Collection Centers closing and laying off Collection Staff entirely, along with the type of customers base, payments delinquency is rising quick. The huge savings that made the financial reporting look so profitable might back... — read more
An entire repair department got laid off recently in the dfw area. Hundreds of people.
Anybody knows how this will affect us? Will we see more or fewer layoffs than if the merger had gone through? Same for closings? This guessing game is really stressful. I can't decide if this is good or bad news for Rent-A-Center employees... — read more