Expect more to come before the final move on 3/31. No IT today, but lots of Accounting, HR and Merchandising folk. Morale at all time low.....so is productivity
Layoffs today
40+laid off today between OB, RG, Westmont, Aurora and three RM's and at least one district dir. So very sad so many very good people with many years of service. So much for last in first out.
Follett just FLUSHED I mean invest 50 million in a venture capital fund? Facebook for college campus? Student/Teach Eval Software?
Bill Gates is certainly correct about the hit rate for venture capital. For every massive success, like Sequoia Capital’s investment in WhatsApp, there are many deals that go nowhere. The Kauffman Foundation has been investing in VC firms for more... — read more
Regarding 6457 comment
Yes it is funny. It's also sad to watch grown adults trying so hard to be on the inside with the new management group. Our guy B.S. is the worst, he doesn't realize how bad he looks when trying to be one of the big boys. Oh well, at least he... — read more
It may backfire on you....
To all those being deceptive and thinking you are getting in good with management, remember you are being unethical and it can be turned around on you at any time. Some of you who are in it are not liked by management so it's a hoot to watch you act... — read more
Anonymous6442 - RG hit! Get out while you can.
Please elaborate? How many? What departments? Just before their move to Westbrook.
Don't outsource, invest
To save money, most businesses default to cost reduction, which often means outsourcing work to the cheapest countries they can find. Instead, businesses should work to create a competitive advantage by treating their employees well and by engaging... — read more
To Tom Schenck
Those questions about the loss of benefits didn't have anything to do with the company picnic. Believe it or not, some of us actually care about things like losing PTO, or that sneaky change in the PTO rollover date to the middle of Xmas break... — read more
Store level layoffs
when? Does anyone know what the criteria will be this time?
Profit sharing
Just wondering if anyone knows if profit sharing checks were given or not? We were told that even though we worked for eleven months out of the year we were not entitled to them if they were given. Another way the company put the screws to dedicated... — read more
Cash Flow
I thought our Cash Flow was just fine? Where do you see Follett having issues as it relates to Cash Flow?
Anonymous6362.....layoffs are in fact coming
Layoffs beginning this week through the home office move date. Also likely the first few months of new fiscal year based on performance of company. Remember that Follett received millions of dollars in tax credits from the state of IL, and therefore... — read more
Layoffs
We are coming down to the wire. Layoffs must be happening this week or next.
Missing Posts Again
Everything from Sunday on has disappeared....hmmmmm...
@6143
Who cares about your stinking bonus? People lost their jobs without notice and couldnt afford to pay their bills or have christmas for their family! I was one of them! Complain about your "problems" somewhere else!
Read this article!
Great article written by a lawyer. " 11 Sneaky Ways Companies Get Rid of Older Workers" http://www.forbes.com/sites/deborahljacobs/2013/11/03/11-sneaky-ways-companies-get-rid-of-older-workers/
Find out what your rights are!
You can tuck your tail between your legs and let them win or you can do some research, pull your information together and find out what your rights are. The link below will give you the information you need to find an employment lawyer in your state... — read more
Anonymous6085 - sure that will happen
This is the same corp that has not run a business and performed consolidations for the past 10 years?
Anonymous6085 WTF
WTF, bonus screwed up this year because of all the Kmart employees joining the company, and now accounting promotion announcements. How many directors and controllers does this company need? There is not a dime saved this past year. Bring back the... — read more
Lawsuit
You don't have a leg to stand on
Corporate has finally taken over Accounting
Lets hope Corp does take control and put some of the managers in their place who have had some serious power trips for far too long. I did notice some title changes in the announcement. We are ALL replaceable.
25K Decorating an Office
Bump: Lay folks off and spend 25k on decorating an office. Well I hope she is comfortable. Everyone is getting is squirming, depressed, and a little short with everyone. Now this was just this years office, right? They'll be a new and more elaborate... — read more
Staples - Another Amazon Victim
Just got published: Staples close 225 North American stores, ~10% of it's worldwide total of 2,200 (targeting the end of 2015) - just google staples 225 stores and news will pop up. They have already started posting on this site layoff.com - Another... — read more
Follett Invests $50 million into ShowEvidence
Showevidence solution is a comprehensive system for authoring performing and rating student and teacher that automates the scoring based on evidence found within the work products. Which enables users to evaluate competency by identifying evevidence... — read more
To senior management
Let me see if I got this straight. You want us to believe that ...some snow days in January caused us to miss our target. ...You had no idea that FHEG was hemorrhaging money all school year ...it took you months to figure out that all those losses... — read more
Options
Just because you signed the severance agreement doesn’t mean you cannot file a complaint with the EEOC or get advice from an employment attorney that’s why they have free consultations. A signed severance agreement does not protect against illegal... — read more
Home Office Gate is closed
Got the bad news Monday. FHEG performance so poor it closed the gate at our division as well even though we made our numbers. Get your ass on the ball FHEG.
FYI
Because layoffs can open the door to a multitude of lawsuit Follett and most large companies follow strict guidelines when making selections for layoffs. This process eliminates any perception of illegal elimination of employees. Yes we are allowed... — read more
It's coming
I love the smell of lay offs in the morning air
March update
Okay unfortunately, the layoffs have been happening at the beginning of the month so I would be concerned about this week Tuesday-Wednesday. The March time frame is key for layoffs to get the bullet bit on this fiscal year. They already know that... — read more
M. Misery - Do you realize what an oxymoron statement you just wrote.
You've logged on and you are reading this so what does this say about you? "I've logged on using at least 5 ... If you are reading this now---then it tells you a lot about yourself." You are a real piece of work.
Hello Misery
Only idiots read these sites and believe the posts are by legit departments. Take me for instance, I've logged on using at least 5 different departments. If you are reading this now---then it tells you a lot about yourself. Yes misery does love... — read more
Call it crazy!
Howard Schultz turned Starbucks around by remaining focused on his employees and the customer and now they are thriving. Maybe senior management should read his book.
students hate us.
They really do. Nobody wants to buy books from is. They come to the store take pictures and leqve. amazon.com.
Right from horse's mouth
"Outsourcing all technology to India will allow us to continue to roll out highly regarded (and untested) programs that students love (and sometimes work)".
follett illinois warehouse
Do you think that we'll be having layoffs?