When President's get let go...the core operations will deteriorate on purpose; the company can't continue to bleed money when the money isn't coming in. The brick and mortar bookstores are on are on life support. The writing is on the wall...who else has given their notice since last week?
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Looks like the rats are jumping ship now and that is a very bad sign .
A person in finance. Come on...get with the program!
Who is KM?
I believe the initial post was asking who has recently given notice and whoever "KM in finance" is, was a response to the initial question.
And what does that mean?
KM in finance gave notice.
Might make selling that division easier if the new owner can put in their people on day 1
Team members, if you are 45 and older, and have 15 years experience please sit towards the front of the bus. This will make it easier for both leadership and yourself when you are laid off - it is just a short walk out off the bus.
With the president's seat vacant, a couple of skills sets may be entertained. The first skill set is demonstrated with a track record of turn around and results. The second is the skill set of breaking up, dismantling, and winding down. The only unacceptable skill set will be an attempt to return to the past. This company is too damaged to look to the past for guidance. It is far from it's history and it's root stock has rotted.
This bus has a new driver and we are all getting on board. This is the road for Follett to return to profitability, sales growth and treating their employees with respect.
The writing was on the wall years ago. Now it's in big bold neon letters.