How likely is that there will be Office Depot Layoffs 2020? Any news or rumors?
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I am with the BSD side and not feeling very secure even though I am a top performer. A few uppers and middles management were let go in late December. I am not sure how you can save a company that is mainly selling commodities. I think unfortunately it’s dead man walking.
Office depot is priming to be sold and orc acquired by a larger firm reducing headcount and high dollar management and senior management employees it could close within 3 to 6 months Most of the work is being funneled out of country to Guatemala where they're paying a fraction of the cost for employees the infrastructure is no longer there to support why the company were started office products There are now more engaged in In selling truckloads of bottled water and travel size bottles of airline shampoo shaving cream and the deodorant except for their in deep trouble The CFO resigned a month ago due to leave the company mid January going to auto nation It is a complete joke If you're there get out while you can so you can protect yourself and your family and your home and more importantly your benefits
2 stores closing in the Chicago area.