Thread regarding Costco Wholesale Corp. layoffs

Conservative Mgmt

We have very conservative management over here at Costco, finances are run in a very disciplined manner and we think seven times before we hire somebody. As a result, we are lean on the resource side and that results in the fact that we have minimal to no redundancies from the resource perspective. If you are in the industry, you'll know that Sam's club is not Costco and vice versa, we do similar things, but from the management perspective we are so ahead of Sam's club that it's not fair to compare the two companies.

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Post ID: @OP+tS5aNFL

6 replies (most recent on top)

I've been PT at Costco for just over 5 years. I work night shift so it's an ideal 2nd job for a little pin money. The only negative thing I've experienced is that promotion has nothing to do with how well you do your job, it's entirely based on who you know. Frequently you see new hires that are friends or relations of managers being promoted over experienced hard working senior staff members. Although Costco have systems in place to try and stop this kind of thing happening they are circumnavigated by managers pressuring people to withdraw applications for promotion in exchange for better shifts, days off or OT.

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Post ID: @eXxnw+tS5aNFL

No layoffs other than seasonal staff.

Costco are very loyal toward their staff and as such staff are very loyal towards Costco.

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Post ID: @d0dym+tS5aNFL

Just left Costco after 4 happy years. Unfortunately massive layoffs at our Calgary warhorse has led to huge lines at checkouts and increased abuse from frustrated members. I'm a tire fitter not a bag packer. Good luck Costco I hope you manage to sort your staffing issues out.

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Post ID: @c2xpw+tS5aNFL

Likewise I worked at Costco for five years untill I got my degree by which time I was acutely earning very good pay. In fact the only reason I left was because I got fedup with being asked to pack bags or cash on the front end but that is something everyone at Costco has to do frequently and is by far the number one reason people leave.

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Post ID: @bGjra+tS5aNFL

I agree with this post, Costco is a pretty good company, I spent 3 years there, was well taken care off and would do it again. I went to school, got my degree and moved on, but many of my friends stayed and they are still happy at Scotco.

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Post ID: @29XPR+tS5aNFL

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