Make a prediction and tell us what you think about Big Lots Layoffs 2021? Any news or rumors?
3 replies (most recent on top)
They can't afford to lay anyone off. But they will. Need to clean house in Corporate.
Quote from Big Lots EVP/CFO, Jonathan Ramsden, on Dec. 4th's Q3 Earnings Conference Call with Wall Street Investment Analysts: "We remain focused on continuing to gain cost efficiency in our business...through continuing to grow a culture of THOUGHTFUL FRUGALITY." LOL (Translation: We will continue to pay below-market wages, severely understaff our stores, and give huge UNJUSTIFIED annual bonuses to our GREEDY board members.) This is all you need to know about Big Lots. Have a Nice Day!
The first one to lose his job should be Bruce K. Thorn, for not planning properly for this Christmas season's business. With 30-35% sales increases back in April and May, he should have foreseen that Big Lots was on-track to have HUGE sales increases this Holiday season. He should have instructed his seasonal buyers to greatly increase their overseas purchases, but instead, he chose to be a CHEAPSKATE, and now we don't have nearly enough Christmas merchandise. Most of our seasonal departments are 60-70% empty, with over 3 weeks of Christmas shopping remaining. If Bruce could take his greedy eyes off the stockholders for a couple minutes, he might find out that his "cheapness" is shooting himself in the foot. I ask the Board and the stockholders to vote this buffoon OUT the door at the next annual meeting...if not sooner!