Around 70 people walked out of the building today. Totally unexpected.
5 replies (most recent on top)
been with them 19-20 yrs and agree completely, and then some.
I'm a stylist and were screwed daily with coupons. I hate that place
I interviewed there for a senior executive role about a year ago, you could feel the divide among the executives. It was a clash of the old and new for sure. The head of creative, Jamie, was so disrespectful in the interview there is no way I'd work there. Why would a company put this arrogant guy in front of people. You can tell that the company is steered by people like this who "grew up" there and don't have any business training outside of Regis. The top is completely blind to what the vision of this company should be. So much potential to grow vs shrink, so much potential outside of just salons, they can't see it. It's a shame for the brand as Regis is such a strong name with tons of potential.
While I feel bad for people losing their jobs, they will be much better off. The corporate offices are negative and toxic. Long term employees favored over new hires. And should a be hire propose any sort of change, they are belittled and made to feel incompetent. This is not a company that wants to be ‘Best in Class’.
This is a company that has been closing a ton of stores, converting a ton of stores. They don't need nearly as much overhead at corporate as they once did. Everyone there should have been looking to get out. Those who are left should still do so, as this is hardly the end of it, no matter what the jackass at the top tells you. Execs bonuses are now ENTIRELY tied to stock price. They're going to squeeze every ounce of the company.