Surprised to see Otis as the VP for US Retail....recall he was caught up in the circus with Depot...but he is a pro at letting people go and reorganizing things so maybe that's why he is still there.
Topics regarding layoffs at Staples Inc.
MAY 20, 2019 Former Staples CEO Goodman elected director of CBRE Shira Goodman Shira Goodman, the former CEO of Framingham office supply retailer Staples, has been elected to the board of directors of Los Angeles real estate giant CBRE Group... read more
Just came back from the texas meeting and while a lot of things were good, I can't help but think it's too little too late. While retail is still profitable the declining comps will make that unsustainable. I really hope the turnaround plan works but... read more
there is no plan to turn around Staples. SP's plan is to make Staples attractive for an IPO so they can cash out the remaining skin and then some that they have in the game, which is about 600 million. It is purely unintentional if anyone working... read more
Y’all feel better now? Some layoffs will occur in the next 20 years. Get a grip and get to work.
So many employees on hear whining, complaining and speculating. Maybe if you would put half as much effort focusing on your job as you do these rumors you might just succeed. Here is an idea; wake-up tomorrow as ask yourself what YOU can do to... read more
In my department, I hear a reorg is coming too. Rumor is they’ve hired some big shot, who will tell us how bright the future is, then reorganize and cut. They will consolidate several teams into one with a new name, lay off old timers, so they can do... read more
I hear there will be some big reorganization/layoffs coming in the summer. Anyone have more info? Which groups are impacted? How are the severance packages?
Hey BB. Everyone in Livonia loved your visit last week. Not a thing that you have said while smiling at all of us has ever been true. The part about "write em up and fire em" was especially heartfelt. You and JP and running a sh## show. Does... read more
As someone slightly younger than 50 I do fear for future career prospects, because yes I might have more experience, but how much is that experience worth to an employer? How often do they need that experience vs just straightforward day-to-day work... read more
Staples screwed up big in that way. They kept people on in dying tech roles without any support to grow / learn, add skills and then when things changed, those people had nowhere to go. Of course people should be motivated to grow themselves too, but... read more
Man things really have changed haven’t they? I used to work in the San Mateo California store three or four years ago. We did really well, we made between 7-8 million in sales every year. I was in a bind yesterday and I needed to buy toner for my... read more
So many unhappy people at Staples, so many negative posts (with good reason, mind you) that it makes me wonder what makes all of you stay here? I'm on my way out because I was not happy here anymore, but so many are miserable and they are doing... read more
What did everyone get?
FS Director in Michigan has a real bad habit of degrading females. This needs to end. He has to go!
I can’t even remember the last time I used a stapler. They are about as useful as the FL sales fiasco.
Has turned into hell on meth. Metrics that do not lead to anything but fake opportunities, 3.0 hour talk time. Oh, talking to people about what they will never buy and trying to have quality calls with companies that have no more than 10 employees?... read more
Repent now my friends— ask for forgiveness as the end is near for our once beloved Staples. Hahahahaha...... sorry... but for the way I was treated and how I watched my fellow team members treated like sh--— is it really so wrong of me to get so much... read more
I just left Staples about a month ago. One of the best decisions I’ve made career wise. Staples has gone down as a place of employment since late 2015. The writing was on the wall then. I give Staples 3 or 4 years before they end up like Payless. If... read more
Atlanta FC has all certified con man as a director look him up CA.
The writing is on the wall!
i work at essendant. tried telling my co-workers what kind of cut throat tactics sp is notorious for but it goes in one ear and out the other. with the latest news about the debt they are sticking staples with so they can recoup their investment i am... read more
Sycamore’s tough tactics help it survive a brutal retail sector Sujeet Indap April 9, 2019 3:00 am Private equity Private equity firm won its Nine West battle and scored $1bn dividend from Staples US retail has been a tough business for years. But... read more
How to serve humans was a great 50s or 60s sci-fi movie. Aliens landed in the US with a book called “how to serve humans”. Of course the humans thought the the aliens arrived to become their slaves and take care of them. Unfortunately for the humans... read more
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It... read more
(UBS Group AG and Goldman Sachs Group Inc., the two banks leading the debt sale) Please note the relationship Goldman Sacs has had with Sycamore Partners in the Staples acquisition Sycamore Partners Expands Senior Leadership, Names Rob Sweeney... read more
Does Staples Rebranding Foretell The Fall Of Another Retailer To Private Equity? Apr 10, 2019 By: Sanford Stein Staples announced a major rebranding effort which was accompanied by flurry of snazzy new product offerings and the customary PR push. At... read more
Another round of layoffs this week! A lot of good people got laid off. How much more cutting can they do?!?
Just that unless anyone has anything substantial to offer.
Is there a way to block the Staples bilge that oozes for the pores of those indoctrinated in FL? I love my connection with the poor souls still there but everyday I have to see some syrupy oozing bilge about how great they are. I want to keep my... read more
https://news.avclub.com/beware-world-for-the-cult-of-staples-is-upon-us-1833843878 The funniest part of this article is that they don’t even realize/acknowledge the amount of debt the company had to take on to polish this turd. Enjoy.
somehow $1 billion of existing revenue will salvage $20 billion in plummeting revenue? you'd have to be the stupidest person on EARTH to believe this. do you think 1 lifeguard can save 20 people at the same time? OMG, how stupid you can be here?
I like the new logo. And the new brands seem cool. I’m just not sure that it’s enough when the real issues remain unaddressed: Amazon, Costco, SP dumping $1B in debt on the company, continued high turnover. I hope the company makes it for the many... read more
I get the whole I want to believe thing going on here.... it’s human nature to try and hold onto something that’s positive versus analyzing the facts to come to a negative conclusion. But folks— I have got some bad news for you..... when I was young... read more
Is dot com part of retail or delivery? My guess is it’s part of delivery. So if true how does the whole “omnichannel” (e.g. BOPIS) survive if delivery has a different owner than retail after SP spins off delivery? I don’t get it?
But nowadays you can have a zero bottom line and be kept open. Rebranding Staples (which is necessary) tells you everything about how f'd up the company is... They can't IPO it as STAPLES because no one in their right mind would buy it! It will be a... read more
Great sales conference. Unfortunately there are still way too many Sales Managers, Directors and VP's in this company. All taking large salaries and bonuses while the sales people are actually earning the money. All they do is high five each other... read more