Thread regarding Regis Corp. layoffs

More layoffs

Every Rdl lost their job, most of tech support, almost all the artistic directors, and most of the sdls.

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Post ID: @OP+133apPZd

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I work at ss salons,today we were informed that salons been sold and we're transitioning in the weeks ahead I'm looking forward to the change but so far we all still have a job (fingers crossed)

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Post ID: @6Nlfn+133apPZd

Rumors of Bankruptcy. Took out $90Mil loan (I guess to "buy back" some of the MasterCuts locations back from A Beautiful Group that were under-performing) and defaulted on it in December.
SmartStyle ('SS'): [Rumor] Walmart ('WM') wants them out. Too many conflicts with franchisees and drama with SS employees stealing from WM and tensions among WM associates from SS staff. WM not renewing leases as the near their end. FIND OUT WHEN YOUR LEASE IS UP from a WM manager. That'll give you a clue as to how long before you find out anything from Regis regarding your transition or closing date.

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Post ID: @wvqv+133apPZd

Possibly Regis getting ready to liquidate the company?

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Post ID: @2wsd+133apPZd

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