Thread regarding Ascena Retail Group Inc. layoffs

ascena layoffs today thur 6/15 (10 exec plus 200 assoc)

We are having layoffs right now - it'll be announced soon - ascena retail will lay off 10 executives. In addition, 200 more associates will be laid off. Plus Fashion Segment home office is fairly hit and also there will be cuts to Global Sourcing. It's just a start - I am sure more store closures will be announced and more cuts are coming.

All people I talked with today are VERY CONCERNED about the direction - also, we are not stupid, we are seeing major retailers melt down at a rapid pace - this is not a good place to work at right now.

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Post ID: @OP+NNMBXgU

5 replies (most recent on top)

What's the date on this thread? Does 6/15 mean June of 2015? Or June 15th of 2019?

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Post ID: @bHjeq+NNMBXgU

Can people please put a date on these comments? I can't tell if they are from this year or 3 years ago!

Would be really helpful.

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Post ID: @bHixz+NNMBXgU

We're starting to feel like long time managers are being targeted in an effort to cut costs.

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Post ID: @1rvfu+NNMBXgU

There was another one on 7/13. Anyone else thinks another one will happen before Labor Day?

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Post ID: @Dtnx+NNMBXgU

How were these announced? Did you have any warning at all? This is scary!

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Post ID: @vrf+NNMBXgU

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