Its not about the brand, talent, passion. Its about favortism, promotions and positions to people that are family, friends, without experience or knowledge . Its just not good. Managers stay in the positions their in since making bookoobucks, they... — read more
not again...
any news?
What happened in a nutshell
New documentary explores the cultural shift that brought Victoria's Secret to its knees The cultural phenomenon that was pre-2020 Victoria's Secret, with its televised ling--ie catwalks and salacious TV ads, may be at times hard to fathom in a... — read more
This was to be expected
As somebody mentioned already, Victoria's Secret has been struggling for years. We have had leadership issues and direction issues which all contributed to the failing results. I like my job but I've been looking for alternatives for months expecting... — read more
160 laid off
We just lost 160 people today, rumor is thousands more to follow.
Criteria for layoff decisions
I feel sorry for everyone who is affected. I hope at least that the best and most talented ones did not get laid off. It would be awful if they were cut and those whose positions greatly exceed their competences survived
What do we know about Amy Hauk?
Is she layoffs happy? I'm worried there could be more cuts coming soon because reorganizations as substantial as this one rarely only have one round. But I guess it also depends a lot on the new CEO and her vision for the future of the company... — read more
Large Layoffs in Progress (June 12 2022)
Over 100 people are affected, mostly people with a lot of experience. It's affecting the back office functions - IT is also affected but I am not not sure how deep it is as I do not have contacts in the IT. Marketing was hit big time, some cuts in... — read more
Who has information?
What information does anyone have??
Be prepared for major layoffs
Victoria’s Secret refers to Ukraine war and inflation as it offers dismal first-quarter outlook Victoria’s Secret seesawed in after-hours trading Wednesday after the ling--ie retailer issued a downbeat outlook for the coming quarter, cautioning... — read more
More store closures soon?
There's a rumor going around Victoria's Secret is going to make more announcements of store closures as soon as next month. Is this true? Is there any way to know if our store is among those being shuttered?
Anyone know what is going on?
I heard some big layoffs are coming in July/August. Has anyone heard anything?
What happens if Wexner steps down?
I believe this is the question that keeps popping up in heads of all of the employees. It’s not that we have been moving in the right direction and that some sort of change wasn’t needed, but It seems that change could come in the worst possible... — read more
No wonder this place is falling apart
It was only a matter of time for this house of cards to start crumbling. You can't make all of the decisions based on favoritism instead of merit and not expect to see some serious consequences. Not to mention, when the main reaction to something... — read more