The latest layoffs round was all about getting rid of the older employees. Look at the numbers. More than half of the people I know who were laid off were in their 50s. I know there were some younger employees as well, but nowhere near as many as those 50 or over. From what I know, age discrimination is illegal. How is the ELT getting away with this?
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It’s simple they call it a restructuring. One person I know was eliminated being on the buy side. However they didn’t lay off anyone on the sell side. One could make the argument based on age since this person was much older than everyone who replaced them. That’s why there were severance packages. Even if you went to a lawyer most likely they would suggest taking the “non-existent” package that is supposed to be secret. Winning a lawsuit is not guaranteed. The severance if you signed your rights away was guaranteed.
I just celebrated my first year of Staples freedom! I was 58 when let go in 2020. Many let go that day at the Canadian head office were older employees in their 50s. I told my lawyer this and he said, yes, there IS a case for age discrimination. Sycamore wants all the older employees making the big bucks off the balance sheet.
Take my advice...call a lawyer and try to get more than what they offer.
Staples tactic is to delay, delay, delay...in hopes you will just give up.
Other former employees have told me it could take up to 18 months before you settle. Fight back if you have the means.
Sycamore will not be able to sell if they have all of these cases pending.
If you watched the latest Staples Forum, Lederer stated churn is a good thing with older workers because it allows the younger talent to move up and have their time to shine.
In response to one of the replies, of course you can’t fight this as discrimination. They made sure to lay off the older workers and mix in a few young ones so a case cannot be made. Same thing happened in 2020. You are just a number at this company. They don’t care about experience and knowledge.
If you were let go by Staples, you are one of the lucky ones. The company is a complete disaster. Why anyone would choose to work at Staples is mind blowing….
They do a lot to ensure that these layoffs follow any "guideline" that would ensure they do not violate any discrimination laws so I highly doubt there's any case to be made. A lot of the Enterprise sales organization is more tenured, and thus older in age. Those were the areas impacted, not the more entry level roles like b2bs an inside
I was thinking the same thing..... If you want your severance, you have to sign away everything!