It looks like TRU is on the list of retailers that are on death watch for 2018. No real surprise there, I guess, but it still kills that little bit of hope I was holding on to. Right now we need a miracle to survive past this year, and I doubt it's... read more
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Topics regarding layoffs at Toys "R" Us
(@WSJBankruptcy): Toys “R” Us has hired teams of liquidators, including Hilco Global and Gordon Brothers, to assess its store base, and is considering shutting down about 200 stores, according to people familiar with the matter... read more
Ask the people affected by this why they were all laid off, your perspective and assumptions might change. If you havent been affected by this, sales and websites aren't the only reasons why this company is where it's at, just ask "Us" who have and... read more
If even toy sales are down 15% at Christmas, how in the world could overall sales be good? On this board I see sears, wal-mart, all big retailers had a bad holiday season, REALLY bad. Don't tell me Amazon did it either, Amazon is a small fraction of... read more
This is bad, really bad. There was no expected bump from holiday sales, on the contrary, so now instead of going down, the number of Toys R Us stores slated for closing has skyrocketed. It looks like between 100 and 200 stores will be shuttered... read more
The TRU bankruptcy has caused vendors to restrict the amount of goods they ship to TRU due to lower customer demand for the upcoming holiday shopping period. Many consumers will look elsewhere to shop this year because of the uncertainty of TRU... read more
A whole bus load of VIP’s came to my store on Thursday. This is in Connecticut. They stayed outside for a hour walking the parking lot all around the building . Then they went inside. I wasn’t there that day. I’m only PT been there for years... read more
For those who keep blaming Amazon for our bankruptcy, I wanted to just leave this here: only 16 percent of sales in the toys and hobby sector are made online. That means a debt load of more than $5 billion was mainly what did in Toys ‘R’ Us and not... read more
Unlike a bunch of people, I actually like my job at Toys "R" Us. I got good colleagues, fair managers, and a decent pay (I am not saying those who are complaining are wrong, just saying I got lucky.) This situation, however, scares me a lot. I have... read more
This is a truly scary time for all of us working at Toys "R" Us. Bankruptcy might not mean the end for the company, but it will certainly mean the end for a big number of stores and layoffs for employees. I just wonder when will we know what stays... read more
I am interested in how I am gonna get paid after I quit. I've had it.
I find it disgusting that being laid off and just finding out now that someone that I've known for years got hired months after me, (when supposedly over 300 were laid off, no news, social media reports, ect) in another store for a full-time... read more
A comprehensive list of TRU stores that will be closing in 2017 and 2018 is needed. I'd like to find out what stores will close as I am doing an analysis of the sector. Specifically, I'd like to know: Location Number of Employees Laid off Reasons for... read more
How come the people who were laid off were NOT acknowledged via any social media, especially TV, NEWS? Why is it we see and hear of other companies, such as ex: 350 Gymboree stores closing recently all over the news, twitter, ect, because of... read more
Guess Venezia decided to bail while he still could. He is now President of Bridgestone Tires, as of July 19. Toy sales are plummeting, and the Baby side is getting cut big time. And supposedly, BRU is the only thing that was making money for the... read more
Are the store layoffs still proceeding or are they over ? The company has posted nothing about store layoffs. How many were laid off ?
So it looks like Gear and Registry for the most part, with a few exceptions. Really, I think they could pick who they want to let go, then move everyone else around like they usually do. I've held 3 different DS positions in the 6 years I was there... read more
I was a store manager for them and had positive gains, reduced turnover and improved customer relations in every store the placed me in. I enjoyed leading and developing my associates and several of them became store managers. The problem with them... read more
Looks like that writer from the Forbes got the info he needed: http://www.forbes.com/sites/tompopomaronis/2017/02/20/retail-under-fire-toys-r-us-has-laid-off-up-to-15-of-hq-employees/#52714311517c He projects (due to extended bond maturity), that the... read more
They laid off about 77 people in September 2016. District Managers, Local Marketing, and Human Resource. Very sad.
so id two of our key "SMACS" tlast year was to growth own brands and digital, why has Brandon fired our own brand teams (third year in a row) and most of the digital online team!. Probably upset because he's not getting $18m like last year!!
This was a good company once, but nowadays I can't think any good reason to stay here. I hate to say it, but this company has some serious issues, and I don't think things will improve soon. These series of layoffs are killing everyone's morale. Even... read more
This is the worst company I have ever been involved with. Don't believe the B.S. that it is all about the people and they care about their employees. Almost every year there are layoffs. I am sitting at my desk today watching hard working people... read more
At tru being buddies with or related to someone in managment is all that matters. Hard work, ethics and eefficiency are considered optional or worse, unwanted. If you poi t out unethical behavior you observe, if you report favoritism, time card... read more
Do you really want to know how bad this company is? I'm still, to this day, not getting paid for my overtime because my salaried managers edited my time card to only show 40 hours, when I have clearly worked more... and be promised for my time, even... read more
ABC Slams Toys R Us on the #H1B issue https://streamable.com/raiz or see https://www.youtube.com/watch?v=LAHtNQo3eog
With the E&E department supervisor roles being cut and the combining of other roles it begs the question if TRU will soon have no full time positions. For a retail chain that only uses 25 to 50 people per store I have to wonder how that would work... read more
Here is a story on US Jobs going to India - this is a epidemic, hard to stop right now, not only Toys R Us but also other companies as well are sending jobs to India - this is from New York Times: For four weeks this spring, a young woman from India... read more
David Brandon is a tough operator, he will lay off people to improve financial performance.
I worked at TRU Corporate for over 10 years in their IT dept. Literally every year around February, the layoff rumors would begin, and sure enough, layoff would happen. Management never met an employee they couldn't outsource. Everything you read... read more
Management only cares about themselves and workers work like dogs. No incentives to work hard. Hours are not realistic. STAY AWAY.
Seems once the yearly evaluations begin more DS positions are going to be eliminated as a cost cutting move. Should be limited to personal not essential to daily operations, such as most sales floor DS roles or the Price/Signage position.
I was told a week ago that all Order Management Supervisor Positions are being laid off due to downsizing. I was heartbroken and shocked. This would be the first time I was being laid off in any sort of position I've worked in. I feel so helpless.
I think I will be accepting a job soon, would you please answer my question on vacation hours.
Upper management is completely out of touch with the workload of middle management and the actual people who get the work done. Supervisors are all talk and no help. Middle management regularly puts in 12 to 14 hour days plus weekends. Some do not... read more
I am not sure about posts below but much of info is public anyway, CNN and Bloomberg already reported on the layoffs. On Wed we had an announcement that Toys 'R' Us will be cutting up to 500 jobs as part of a strategic plan to pump some monetary... read more
We do not know much right now, I heard multiple rumors but it looks like that 200 resources will be cut in the corporate office - it's a yet another restructuring and we'll see where this takes us. I am sick and tired of all organizational changes... read more