Thread regarding Stein Mart Inc. layoffs

Very Murky @ SM _ Furloughs/Paycuts/Layoffs and Temp Layoffs

All is bad now.

This will maybe clear soon, but it will be bad...

JACKSONVILLE, Fla. – Stein Mart Inc. is laying off most of its 8,600 employees in its stores and supply chain, according to a report by the Jacksonville Daily Record.
The Daily Record has reported that the Jacksonville-based business is cutting about half of the 375 employees in its corporate office. It said on March 31 it would be extending the closing of its stores and cutting staff while it deals with the impact of COVID-19.

According to the Daily Record, the company said it is reducing executive management salaries by 20% and cutting the pay of its other workers.

| 1392 views | | 1 reply (last )
Post ID: @OP+14ja3rs4

1 reply

Don’t know if Al Andersen has been laid off yet... but I would strongly recommend that the company would be financially advantaged by such a move.
This comes from a group of Loss Prevention employees that have been painfully aware of Andersen’s short comings recently. Before you lay us off PLS examine both past & present inadequate work ethics of Al Andersen.

Post ID: @Gtqv+14ja3rs4

Post a reply