Topics regarding layoffs at Staples Inc.

Topics regarding layoffs at Staples Inc.

They can't just close stores willy nilly

The problem is very basic. Leases! It would cost more to get out of many leases than it would to operate some stores even if the store was losing "a little" cash. If you want to evaluate your END DATE you only need two pieces of information (maybe... — read more 

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| 1690 views | | 3 replies (last July 12, 2017)
Post ID: @OP+OaMRteB

Amazing the lengths this company will go to- UNETHICAL

66-year-old man awarded $26 million in age discrimination lawsuit against Staples By City News Service Posted: 02/27/14, 11:31 AM PST | Updated: on 02/27/2014 5 Comments LOS ANGELES - In what an attorney says is the largest award of its kind in Los... — read more 

Sycamore splitting Staples?

So, according to WSJ, Staples will be divided into three separately financed entities to create the leverage for its buyout. We'll be split into US retail, Canadian retail, and corporate-supply unit. This is pretty much what Sycamore did with Jones... — read more 

We need some serious changes at Staples

Does anybody else see the hypocrisy in having the CIO explain how private equity is going to "save" Staples but not addressing how we got to where we are. I mean for someone who has been in upper management since 1992 in Staples, there is some... — read more 

Bleak future for staples

This sale to a equity firm is just paving the way for the company to go out of business eventually.

401K>>>Since your current plan has no CASH Option to Protect You

The majority of plans allow employees to roll over funds while they are still working. A 401(k) rollover into an IRA may offer the opportunity for more control, more diversified investments and flexible beneficiary options. I don't know the details... — read more 

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| 1480 views | | no replies yet
Post ID: @OP+O3BfogA

SEVERANCE PACKAGE .... ? HAHAHAHA

SEVERANCE PACKAGE .... ? HAHAHAHA They ended those over two years ago. The only way you get one now is to HAVE something on them... If you are UP there in salary you can expect PIPS, write ups, notes to file, STRESSSSSSS, with the planned out come... — read more 

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| 2460 views | | 5 replies (last July 1, 2017)
Post ID: @OP+O3f7CPC

Probably many more Staples stores on the chopping block

I would expect MUCH more aggressive closure of stores now, if not a complete sell off of the entire retail division. But who would want it? No one in retail NEEDS stores... I wonder how many of the C-level execs will be replaced and how soon. Grabbed... — read more 

You get what you deserve

This company s---s. From top down to the bottom. We get what we deserve with the upper management team we have. One way or another they will or are getting rid of us. You do realize that right. Please tell me you realize that. Unless your desperate... — read more 

If Staples was truly well positioned financially, why accept a buyout price so close to the market price? Another smoke and mirrors.

https://seekingalpha.com/article/4084798-staples-game-now-know-ends#alt2 Interesting article about the sell. Maybe Staples isn't worth what they were saying all along. The ones doing all the work or who believed in this company for so long are the... — read more 

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| 1840 views | | 6 replies (last July 8, 2017)
Post ID: @OP+O1aL3Km

Sycamore deal will be a nightmare for Staples employees

Staples in Deal With Sycamore for About $6.9 Billion: If you thought things s--- now, you ain't seen nothing yet. Your going to get carved up like a roast. I can see selling some stores, closing all the others, Selling the business delivery business... — read more 

CIO of the Year

Your buddy FM is CIO of the Year https://risnews.com/see-who-was-named-cio-year?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3B2mdiVQBDRVGsMisyOuLzcw%3D%3D

No more RED Fridays

Ron inherited SPLS with a $16.7b market cap. He drove it down to a sub $6b market cap by missing the e-commerce play and focusing his ego on being a global CEO. His international aspiration lost more than $100m per year. Ron is to blame for SPLS... — read more 

Sycamore Partners closes in on Staples deal....

http://www.marketwatch.com/story/staples-shares-surge-on-report-of-6-billion-acquisition-by-sycamore-2017-06-21?link=sfmw_tw My guess is they will gut B&M stores and focus on Dotcom and BtoB. Shira will get her totally undeserved payday and most... — read more 

IS moving to part time

Now that the 1ZB per week has been implemented. How long before corporate rolls out the IS moving to part time?

More IT Outsourcing?

We are all waiting for the other shoe to drop RE: more IT outsourcing. The only question is how far up the stack THIS round goes. We have heard a few leaks from vendors (and some clueless mgrs) so WE KNOW IT IS REAL.... Anyone have thoughts on the... — read more 

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Post ID: @OP+NRWTshG

Boston Herald would like to know Staples stories

http://www.bostonherald.com/about/news_tip Please contact Boston Herald at the above address to report Staples shady business practices. In particular, issues with cheating at metrics that don't grow the bottom line. The company appears to be worried... — read more 

Layoffs, Bonuses, Selling, etc., etc.

So about 4 months ago Staples laid off a huge amount of individuals. Some of these individuals being with the company for over 20 years! What ever happened to "loyalty" or having experience? Where any of the H1N Visa's let go? Just wondering. Bonuses... — read more 

Staples being sold???

https://www.google.com/amp/s/www.thestreet.com/amp/story/14168039/1/cerberus-capital-raises-offer-to-acquire-staples.html

Is Staples being sold?

What are your thoughts? There are rumors on about this and wanted to see what folks on this board think. Thanks!

Cherry Picking what to tell investors.

Interesting article about how Staples "cherry picks" what to disclose during the quarterly earnings call. Shira glossed right over that $815 million dollar loss. She says they are right on track. For what??? Bankruptcy? Someone give her a reality... — read more 

I gave in my keys

I was a GM for Staples for only 8 months and within those 8 months I have witnessed horrible things. I resigned on Friday after false accusations. On April 4th my district manager had me put all of my key holders on a final for not enforcing the... — read more 

MOST OF STAPLE'S MANAGEMENT ARE VAPID IDIOTS!!!

LOOK BELOW FOR DEFINITION. THINK OF YOUR UPPER MANAGEMENT'S FACE. DOES THIS PERTAIN TO THEM.....A RESOUNDING YES FOR MOST! vap·id ˈvapəd/ adjective adjective: vapid offering nothing that is stimulating or challenging. "tuneful but vapid musical... — read more 

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| 1404 views | | 1 reply (June 6, 2017)
Post ID: @OP+NERGNOo

Great Staples Perks for Some but not all

Faisal Masud gave an interview with "Innovation Leader". The entire article was a web of self promotion but the most interesting is the following. Some of the chosen ones get to work remote, have flexibility, catered lunches, and gym time. In HQ I... — read more 

"What Is Your Do/Say Ratio?"

Really???? Wow! How many times are you going to slap your employees across the face and call into question our professionalism and work ethic? Isn't the question that needs to be honestly answered Ms. CEO, "What is your and your fellow C level... — read more 

Layoff's again?

I heard layoff's are happening again yesterday? Any truth?

List of Staples Stores Closing 2017

Do you maybe have a list of stores that will be closed by Staples in 2017. I am interested in closures in: California (Staples) Texas New York Florida If you have a comprehensive list with all states, that'd be great.

I just want to turn in my...

Keys.. I'm a general manager for the store in region 9, i'm hoping my interview went well so I can finally leave this place. I'm over Staples. I'm so sick and tired of never having hours or enough employees to run an efficient business, this has... — read more 

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