Thread regarding Sam's Club layoffs

I'm from 6335. I HAVE ALOT OF MEMBERS TELLING US THAT WE ARE CLOSING T-ACCO. HOW TRUE IS THIS ?

@fsb while I do agree with you, I have to add that it's completely doable. When my club closed we had several long term employees who decided to leave the company. They all had been there 20+ years. One of them had Sam's as their only employer ever. He was 54 years old. They all found employment with great pay and they are all happier. The only thing holding anyone back is fear. That's it.

For those who have managed to stick around long enough to be capped off in terms of wages, it's quite a precarious position to find themselves. There's typically two primary issues to consider:

1. Strong likelihood that they'll have to take a pretty hefty pay cut virtually anywhere else.
2. Most are past 50, or staring it in the face, which can pose many challenges in terms of being a candidate for jobs at other places.

One really good example would be if you're vying for a position as a warehouse selector with a company like McLane. The pay starts at around 16 or 17 an hour but the physical demands are vastly greater than any job you'll do at Sam's.
Another example would be running a forklift at virtually anywhere else. The pay starts out quite a bit less and even if they're using standup counterbalance Crowns or Raymonds, the steering is setup opposite what you're accustomed to with this company. That's a difficult situation to navigate through for a lot of people.
Anyway, the general feeling among longtime associates is that they're stuck. Having to take a big pay cut, losing all their benefits and accumulated time off, and just knowing you have to start all over again at the bottom - being 25 years older than you were the last time you were in this spot - is enough to turn everything upside down. So even if it's not the end of the world, it's going to feel like it at the beginning. Hopefully people have been smart with their money and have been saving for a rainy day or started a slush fund that they've regularly contributed to over the years. Not saying that getting the sudden boot from here doesn't or won't open new doors but you're going to have to tighten up and push forward once the reality has hit you. Let's be honest, it's gonna hurt a lot of people when it happens - it always does. But I know many Sam's veterans who have managed to weather all these things from the last several years and have really buckled down on readying themselves for the next time the company decides to, "reposition itself".