Thread regarding Office Depot layoffs

I’m sad for all the layoffs but down in the trenches at retail level we have been on pins and needles far longer

I’m sad for all the layoffs but down in the trenches at retail level we have been on pins and needles far longer. Our annual reviews were based off of 2 quarters which led to a rating of Needs Improvement, no raise and a PIP. We are told that if we don’t make 98% to plan in sales by the end of Q2 we will be terminated. The odds of us hitting that goal are next to none. We will then be forced to go look for a job stripped of our dignity. We weren’t given the option of a severance package they just plan on papering us out.

I felt that @YQfsMoH-ayye said it right.

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Post ID: @OP+Z16Pnbq

5 replies (most recent on top)

Sorry

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Post ID: @9yus+Z16Pnbq

Guys...this is called: Capitalism. There are more than 6500 stores closing just in the retail. Walmart is closing stores as well... This is Capitalism...You are not a person...you are just a company investment...if the ROI is not as expected...they cut down. It's the only way to survive and grows in the Future...Wall Streets doesn't forgive if your revenue are flat...They want more revenue or more profit. In the Past, Boeing, GM, Fort, AT&T cut 100 thousands job... I know...it's bad but these are the rules of the Capitalism...We cannot like just 1 part of it...All or nothing.

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Post ID: @1wve+Z16Pnbq

That is definitely a terrible way to be managed by one’s employer. It’s certainly not a strategy that would inspire positive morale, loyalty, or any long-term performance improvement. That is simply a desperate executive management team exercising bullying tactics, rather than an actual thoughtful strategy. The people working in the retail stores did that cause this problem. There were numerous poor management decisions made at the senior executive level throughout the organization that negatively impacted the organization and created consequences to those poor decisions that subsequently snowballed over the past few years.

However, I agree with the other people here that the retail team needs to start seeking other employment. Regardless of if you are at management or associate level, explaining why you are seeking a new role shouldn’t be difficult with all the negative press Office Depot has received lately, especially the stories of their less than positive financial situation that shows little likelihood to improve. I was a corporate employee, and based on what I have seen, I believe a bankruptcy may be looming just around the corner. The time to leave is now!

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Post ID: @1lsu+Z16Pnbq

Get out while you can. Beat the rush when all are let go. Do not go down with a sinking ship!

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Post ID: @dtj+Z16Pnbq

I am so sorry to hear that. If I were you, I'd start looking for a way out quickly.

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Post ID: @zod+Z16Pnbq

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