Thread regarding Rent-A-Center Inc. layoffs

Franchising stores ramping up

Get ready, franchising of stores is about to pick up speed. State by state. Company goal to franchise all stores as fast as possible.

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Post ID: @WB7VfoP

11 replies (most recent on top)

Yep! Eye opening! How in the world does this stuff happen at that 190 cincy service center!

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Post ID: @WB7VfoP-1vwc

Did u mean “entire dept layed off recently”, in dfw area?

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Post ID: @WB7VfoP-1bdq

Ya’ all need to read and share on the other thread about “100’s of jobs lost at dsw service centers”. Very eye opening stuff for us tensing RAC NPS employees.

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Post ID: @WB7VfoP-1vtk

Don't forget the millions they made when the investment firm made when the boyout was announced and the stock went from 9.00/share to 15/share

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Post ID: @WB7VfoP-1any

For info on pay read the agreement posted on this site. The typical modus operandi of an investment firms is to take the Company they buy apart and sell it in pieces, like a car chop shop would. Then they get rid of all highly paid employees. 500 mil for anow, 60 mil for fsc, save 50 mil by cutting service centers. Sell chunks of stores for 10 mil each and sit back and collect royalties!!

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Post ID: @WB7VfoP-1sut

I work at a rac store.. Has anyone been franchised? And do they keep same rate of pay? Im from Texas.

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Post ID: @WB7VfoP-1zib

Yes. ANOW to be sold. Plano FSC to be sold after franchising transactions completed.

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Post ID: @WB7VfoP-1xik

They won't tell the coworkers because they want to keep you all working as hard as possible until they are done with you.

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Post ID: @WB7VfoP-1zya

They won't tell the coworkers because they want to keep you all working as hard as possible until they are done with you.

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Post ID: @WB7VfoP-1fuv

Anow will be sold and rac will be franchised. IT'S all about making profit, most of rac leadership forgot how to make money! They only know how to manipulate numbers.

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Post ID: @WB7VfoP-1kwr

I'm surprised investors would be interested in franchising this type of business.

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Post ID: @WB7VfoP-1isw

Rent A center stores only??? Not including ANOW stores???

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Post ID: @WB7VfoP-1umo

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