Thread regarding Rent-A-Center Inc. layoffs

The worker cannot maintain the pace...

When RAC terminated 250 employees last March - work load got doubled - some departments (if not all) are really finding it hard to complete required expectations. During the merging process, the company might have the realization that we are needing more employees - who knows - they will hire more employees for quality results. Of course, this is just an opinion!

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Post ID: @TRWR37X

14 replies (most recent on top)

Replying to TRWR37X-5dor (employee that worked with RAC for 10 years).

I wonder if we are from the same area or if it's company wide practices? Either way, this commenter speaks the truth!

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Post ID: @TRWR37X-8wtu

Glad that I left before the bow broke. Having my hopes up for this company over 10 years through mismanagement, managers sleeping with their bosses, lying to customers, lying to employees, shady ex-Aaron’s employees, rude coworkers, lazy coworkers, bed bugs, crappy merchandise they want top dollar for, coworkers dying left and right all around me, and so much more!

Each time they changed Regional Mangers, I would think “Well, maybe now this show will go on as a success”. Boy was I wrong, every single time! The Regional Managers have about as much respect for employees as they do the dirt on the ground. Especially the big city managers. If this new company knew any better, they’d rid themselves of the mess that was kept around. I really want to name names, but I’m better than that, and them.

Now I have a cozy career with REAL advancement opportunities versus ‘who-likes-who’ opportunities. My effort and success do not go unnoticed at my new job. Apparently they give you a promotion when you’ve shown it was earned at this new place. At RAC, promotions were based on who you can flirt with, s--- off, and do no work while you’re at it. I wish that DM who flaunts himself around like he’s the Great Almighty tells his wife that her toilet is dirty on the FB picture she thinks looks good (Hmmm).

Please watch your 401K people! When you leave and ask them to release it, they will skim money off the top (nothing to do with the tax). They couldn’t even explain how I lost this money, all they could say is that I ‘incurred a loss’. However nowhere shows when, why, or how. It was just ‘lost’.

Well, I’m sure I got that back during the time I worked there, as they paid me while I studied for the job I have now (unbeknownst to them), so whatever. Technology is awesome!

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Post ID: @TRWR37X-5dor

lots of empty cubes on the 3rd floor.

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Post ID: @TRWR37X-2kif

That might be a challenge considering they just got them...

How does everyone feel about the new flex hours?

I wonder if they just implemented that to just distract us from the sale.

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Post ID: @TRWR37X-2flb

I hope we can get rid of these stupid roll around desks and get our cubes back if we stay here in the FSC.

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Post ID: @TRWR37X-2jaq

PE firms don’t add headcount. Significant layoffs are sure to come. That’s the PE turnaround model. Good luck to those watching and waiting instead of being proactive and looking for new opportunities.

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Post ID: @TRWR37X-1pxw

AT if they are in Orlando, then we will know where this is going. We all knew that it was the intention of the Board to get the company sold even prior to the happenings of January 2, 2018. That’s been done. Now Buddy’s has the task of cleaning up the mess. All the layoffs since August of last year were made to make the bottom line look better for the sale. Now that the sale is completed, they need to fill old positions and open new ones so this company can grow and recover. Let’s see what Mitch has to say at his last town hall meeting tomorrow.

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Post ID: @TRWR37X-1feq

We will be fine - Buddy's HQ have few employees and their corporate office has limited space.

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Post ID: @TRWR37X-1pjs

About time shut the doors

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Post ID: @TRWR37X-1eil

I'm really surprised that we have 750 people in FSC... Is that headcount even right?

In any case, as much as I want to agree with the OP, that be a first to have them increase headcount when we've been trying to go lean for so long.

As for the move, doesn't really make sense to move the whole FSC to Florida when everyone's here. Unless they really want to start from scratch...

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Post ID: @TRWR37X-nje

In March, Rent-A-Center also reduced its headcount at its Plano headquarters by 25 percent. The company didn't say Monday what would happen to its 750-person headquarters staff in Plano.

A spokesman for Rent-A-Center declined to say where the company's headquarters would be once the sale is completed. Buddy's is based in Orlando, but most of its stores are franchise-operated. It doesn't have a large corporate office.

"We are confident this transaction provides growth and development opportunities for many Rent-A-Center co-workers," the spokesman said. Rent-A-Center has 18,300 employees.

Source: https://www.dallasnews.com/business/retail/2018/06/18/rent-center-sold-accepts-15-offer-vintage-capital

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Post ID: @TRWR37X-qij

Florida doesn't have a state income tax either.

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Post ID: @TRWR37X-rwi

Maybe Buddy's in Florida will move to Plano - Texas has no state tax. Who knows???

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Post ID: @TRWR37X-uae

Hire more employees... in Plano or Orlando? That work you can't handle will be transitioned to Buddy's. Anyone up for a move to Florida? Its nice here if you have never visited.

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Post ID: @TRWR37X-ols

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