Topics regarding layoffs at Rite Aid Corp.

Topics regarding layoffs at Rite Aid Corp.

Do I have this right?

The number of closing stores keeps rising and the latest one I've heard is 145. Is this correct? I'd also like to know, if you're in one of the confirmed closing locations, did you know it was coming? Was there any indication ahead of time or were... —  read more 

I'm leaving

Things have shifted dramatically in the past several years. I used to enjoy my job as much as I can but now the toxicity is off the charts. I used to laugh at people who'd say they see no future here and now I'm sadly one of them. I hope for the sake... —  read more 

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Post ID:  @OP+1dDNc2S0

Cutting fulltime and hours

Our store cut hours ansld multiple fulltime employees were told they could either be laid off, go part time with 24 hours and no chance for 40 again, or transfer to another store and hope you get more hours. One of them transferred and is getting... —  read more 

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Post ID:  @OP+19961lPg

More layoffs?

We all know more layoffs are going to happen sooner rather than later so this wait is driving me insane. I've been trying to find a new job but I've been here long enough that whatever I find doesn't pay enough for me to make the switch right now... —  read more 

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Post ID:  @OP+16R3YN9u

Self checkout

One of the stores near me is being cut from being 24 hours, and is installing self checkout. The 24 hours thing isn't bad, but self checkout sounds like a disaster. People already steal with no problems, people will still need a cashiers assistance... —  read more 

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Post ID:  @OP+13rqe0NF

Hour cuts for holidays

Our store is having hours cut drastically, to the point we barely have any coverage, and there are even shifts where there will be only one person at front end. And this is all during the busiest time of the year. We got an email saying to make sure... —  read more 

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Post ID:  @OP+12uQ2U2U

8 days 'till 2019Q3 earnings...

On top of this reflecting the first full quarter under Heyward Donigan's watch,we should expect more clarity on both whether this company is truly headed in the 'rite' direction and the rumored changes to the BOD initially reported on the Y!Finance... —  read more 

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Post ID:  @OP+12tJyOlS

Bodaken and Syms out

Syms LinkedIn has been removed and Bodaken removed Rite Aid from his. Seems as if the integration with EnvisionRX and downsizing was all part of a bigger plan to partner with Pillpack. Rite Aid is going into E-commerce in a big way

Field Service was overstaffed

Too many technicians spent too much time beautifying equipment installations that no customer saw, and meant nothing to the bottom line. Had incompetent FTS regional management not burdened field techs with make-work and administrative tasks and... —  read more 

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Post ID:  @OP+11Lffb3r

Thursday earnings report

While this will be Heyward Donigan's first as CEO,it will be still reflective of the the waning days under John Standley's watch as the honorable Ms. Donigan only came aboard a month or two ago.Let's not jump to any conclusions about the company's... —  read more 

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| 1526 views | | 3 replies (last )
Post ID:  @OP+11bGHcLW

Not a good sign??

Noticed some SEC filings today, that showed execs selling some shares right before earnings tomorrow. Stock actually did well today, up over 8%, but to have a nice rise ahead of earnings and then have execs sell? Something is up. Either short sellers... —  read more 

What is up with stock?

I know the execs/shareholders approved the reverse stock split, (set to take place next monday), but now we're down to 45 cents, and still dropping?? If this keeps up there won't be anything left to split! I thought the last earnings report wasn't... —  read more 

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Post ID:  @OP+YA0IfF3

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