Topics regarding layoffs at Follett

Topics regarding layoffs at Follett

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.

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| 880 views | | 6 replies (last March 20, 2014)
Post ID: @OP+uD5cYWS

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 

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| 550 views | | 2 replies (last March 15, 2014)
Post ID: @OP+uCFX3y4

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 

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| 580 views | | 2 replies (last March 27, 2014)
Post ID: @OP+uCYks5v

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 

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| 440 views | | 6 replies (last March 17, 2014)
Post ID: @OP+uCGuC3N

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 

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| 780 views | | 2 replies (last March 15, 2014)
Post ID: @OP+uBpuPGs

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 

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| 580 views | | 7 replies (last March 14, 2014)
Post ID: @OP+uB9lYYf

Cash Flow

I thought our Cash Flow was just fine? Where do you see Follett having issues as it relates to Cash Flow?

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| 420 views | | 5 replies (last March 13, 2014)
Post ID: @OP+uAfAmuq

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 

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| 420 views | | no replies yet
Post ID: @OP+uAULoHD

Layoffs

We are coming down to the wire. Layoffs must be happening this week or next.

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| 460 views | | 5 replies (last March 14, 2014)
Post ID: @OP+uAQrQrK

@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!

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| 490 views | | 6 replies (last March 12, 2014)
Post ID: @OP+uwVndfE

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/

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| 490 views | | 2 replies (last March 9, 2014)
Post ID: @OP+uw9ab4g

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 

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| 485 views | | no replies yet
Post ID: @OP+uw5iheF

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 

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| 580 views | | 6 replies (last March 12, 2014)
Post ID: @OP+uwsj0YP

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.

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| 490 views | | 1 reply (March 8, 2014)
Post ID: @OP+uvMV70D

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 

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| 375 views | | no replies yet
Post ID: @OP+uvrOZ6F

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 

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| 580 views | | 8 replies (last March 8, 2014)
Post ID: @OP+uuoSOfx

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 

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| 510 views | | 4 replies (last March 7, 2014)
Post ID: @OP+uuL1VsN

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 

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| 540 views | | 7 replies (last March 8, 2014)
Post ID: @OP+utxztUl

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 

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| 360 views | | 1 reply (March 5, 2014)
Post ID: @OP+utLnvtb

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.

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| 441 views | | 5 replies (last March 5, 2014)
Post ID: @OP+utfHIQE

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

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| 490 views | | 7 replies (last March 3, 2014)
Post ID: @OP+urelanW

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 

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.

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| 410 views | | 4 replies (last March 2, 2014)
Post ID: @OP+upalnYL

students hate us.

They really do. Nobody wants to buy books from is. They come to the store take pictures and leqve. amazon.com.

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| 420 views | | 7 replies (last March 2, 2014)
Post ID: @OP+uprEh8D

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)".

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| 510 views | | 7 replies (last March 2, 2014)
Post ID: @OP+uoDbp6a

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