Thread regarding Ascena Retail Group Inc. layoffs

It's Happening

Layoffs started today.... 180 to 200 at Corp. Also getting rid of all contractors.

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| 5793 views | | 15 replies (last )
Post ID: @OP+ZoXjctm

15 replies (most recent on top)

Sad Really - Was laid off At Ann Taylor prior to the merger - Kay Krill walked away with Tens of Millions, milked the company, and they just keep spiraling down. Good Luck to all of you -

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Post ID: @btst+ZoXjctm

i heard through the grapevine that more layoffs are slated this month at corporate, all levels are going to be in consideration. Finance , Procurement, MARKETING

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Post ID: @9ufb+ZoXjctm

What's the date on this? Is this recent? (June 2019)

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Post ID: @8ivb+ZoXjctm

My mom was laid off - she spent 10 years there at Ascena - she's crushed.

I wish you all the best.

Godspeed.

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Post ID: @2bzv+ZoXjctm

Thank God I got out in April!

Good luck to those impacted.

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Post ID: @2ngk+ZoXjctm

The stock is at $1.08. 12% sounds like a nice bounce until you realize that the company was trading over $17 as recently as 2014.

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Post ID: @1gub+ZoXjctm

We're the employees given job placement assistance or severance packages?

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Post ID: @1xri+ZoXjctm

Glad i found this group, was very sad to see my friends and colleagues being let go without any diggity... there was a time when they would say listen mr X june 30th is yor last day. Now its public shaming you come into work just to be told that you jeed to pack up your stuff and be out by 3pm.the having to do the perp walk of shame...

Your better than that at leaset dressbarn

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Post ID: @1oij+ZoXjctm

It was all levels from field AP a few DM’s and bunch of corporate folks...needed to be done before earnings report ...stock up 12% today but I’m sure it will come back to reality by Friday

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Post ID: @1pde+ZoXjctm

Was this just at the corporate level or store managers as well?

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Post ID: @1inj+ZoXjctm

Does anyone know if there are layoffs on marketing team?

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Post ID: @gxm+ZoXjctm

My husband got laid off, 10 years with the company. I am on a disability and we have two kids under 10. It's sad.

Good luck all.

Godspeed!

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Post ID: @wja+ZoXjctm

Long time coming. Wait until they look at all of the overhead on central procurement and finance.

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Post ID: @qdn+ZoXjctm

I got the axe today. However, I saw this coming for a long time. I have an interview tomorrow. Wish me luck!

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Post ID: @knc+ZoXjctm

Wow cant say I am surprised ...this was coming sooner or later...hopefully many saw the signs and began applying months ago!

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Post ID: @mmy+ZoXjctm

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