Anyone else hoping that everything will remain on the rumor and that there will be no sale? I'm not very optimistic. I pretty much assumed that could happen.
23 replies (most recent on top)
A comment was made earlier that FSS would be sold 9/1 (that happened) B&T would close doors by end of year (they were sold), and that FHEG would have something happen mid October. Well it’s now mid November….any updates on the future of FHEG?
This guy @lkn+1cCUiNuc is spot on with his comments. Live it, learn it, love it as Brad Hamilton would say.
The moral of the story is that if you mess with the family dividend, they will sell the company. There are many generations of Follett's riding on the coat tails of the founders and don't really want to work for a living. Who can blame them.
Maybe PI will come in and see through MC bulls#@%t! She is a morale ki---r, and has ruined several departments at FSS. Also, maybe Sr. Management will finally give a cr-p about employees; a raise, maybe a bonus, etc.
The family didn't tolerate competence. They foster blind adherence to outdated operating paradigms. They have failed to innovate or change. Mostly, they hired and promoted mediocre Sr level people who under delivered.
Must we keep reminding you????
This company is strong and will be around for many generations to come.
You can leave at any time.
Do you not understand?
You can leave at any time.
The family leadership and board tolerated insubordination (like He-l they did) and poor performance (for family members), that will be no more.
What is everyone going to do now that they can’t blame the family? Everyone thought that the dollar drove the family, just wait for PE. The family leadership and board tolerated insubordination and poor performance, that will be no more.
BF will run content for the new owner. It’s normal to give the target’s leader a senior role but for the first time ever she won’t be able to hide behind family and ruin anyone that gets in her way. She won’t last there once they find out she’s an empty suit.
Not yet. I'm sure head hunters are looking for dynamic leaders with the last name of F****tt. They've done such a great job!
No she’s not
Well I guess BF will be out of a job.
The FSS folks are jumping for joy and celebrating no more Aman! Great move, Britten!!
Well the FSS news proved true. They are being sold to Francisco Partners. Wonder if the FHEG and B&T news is true?
You people are id--ts! The details have already been provided. It’s not a rumor. Hide your kids, hide your wife because Follett is no more.
Fingers crossed! False Flag? Woodridge Warehouse still seems to be open!??
WHAT IS UP.
Hopefully we will know in a few minutes!
As soon as you find out please post what you know.
To the person giving the warning: where does this information come from? A lot of people are worried about their jobs. Don’t add to the fear unless you are speaking truth.
If they tell the truth at the meeting.
Yes, I don't even really know what to think right now. I want this 10:00 meeting to hurry up and get here already so we finally know for sure what's going on.
For the sake of everyone still employed, I hope so.
Fearmongering with nothing to back it up doesn't mean anything. You can invent "warnings" all you want but you're an anonymous poster on a relatively unknown website. Trying to scare people on the internet is pretty pathetic, IMO.
Retail mid October
B&T closing the doors. No one wants this company. You’ve been warned.