Topics regarding layoffs at Lowe's Cos.

Topics regarding layoffs at Lowe's Cos.

LPM Gone by 2.2.2019

Lp call recap: All LPM at stores risk level 1-4 eliminated by 2.2.2019. But we're "encouraged to apply to positions at lowes".. Severance is offered only if we stay with Lowes thru 2.2.19. If we leave before that, we wont receive anything. Happy New... — read more 

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| 3650 views | | 7 replies (last January 7, 2019)
Post ID: @OP+WXWaIdJ

PSE PSI

Sorry to break the news.. PSI makes approx $2000 bonus for every sale... What's fair to the other specialist that have to work up their estimates for them and get nothing. PSE makes about $100 to $200 on every sale.. they just have more sales then... — read more 

Name a weakness of Lowes that will help Home Depot.

As current, former, and exiled employees we know what would benefit Home Depot. Let’s list it all here. I don’t see it as a problem since our ceo climbs his soapbox daily and screams them for the world to hear. I’ll start: Poor top down leadership.

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| 860 views | | 4 replies (last January 5, 2019)
Post ID: @OP+WXquvYC

Good Luck, Everybody - What's the Latest?

T-Minus four hours until the LP call this morning. Same basic rumors floating around for 4-5 days. Was hoping to wake up and see some sort of clarification or confirmation. From an LP standpoint, doesn't look good for 60-75% of us company-wide. My... — read more 

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| 3481 views | | 17 replies (last January 4, 2019)
Post ID: @OP+WX9vKHO

Is this true?

PSI program is being eliminated LP is being eliminated Is there any way for us to get a confirmation on whether this is true or not?

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| 2180 views | | 8 replies (last January 4, 2019)
Post ID: @OP+WXseFpC

What's next?

In 2016, the AOM position got eliminated and the entire operations department goes away almost overnight and gets consolidated into the LP Department. We waited almost 2 years to find out what our 'roll' was in operations beyond what responsibilities... — read more 

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| 1560 views | | 4 replies (last January 4, 2019)
Post ID: @OP+WXKH9sX

Do you remember a while back..

When the ran a bunch of ASMs out of the company and made the dept mgrs. fight for the SSM jobs? Pepperidge Farms remembers. Where I'm at, every single person who was walked out that day is in a much better place now, mentally and financially. Every... — read more 

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| 1311 views | | 2 replies (last January 4, 2019)
Post ID: @OP+WXejbRd

Ellison Is A Hedge Fund Puppet

Ellison has created nothing since he took over July 2018. All he has done is cut, close, and terminate employees. He has surrounded himself with his cronies from Penny's/Depot and dispatched good, tenured Lowe's employees. He has no vision except to... — read more 

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| 1770 views | | 9 replies (last January 5, 2019)
Post ID: @OP+WXugkVZ

Stock

We will be dumping our shares in the company as soon as the market opens

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| 1271 views | | 9 replies (last January 5, 2019)
Post ID: @OP+WXblunh

LP! SMH

If the proposed restructure is true...I'm at a risk level 3 store, so I know Im getting wiped out! Hope the company got a well thought out plan because there will be a lot of angry employees tomorrow morning. And what about my bonus that I earned?... — read more 

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| 4390 views | | 20 replies (last January 4, 2019)
Post ID: @OP+WWM9seD

Shhhh

Will everyone shut up about this stuff! I’m busy making apprehensions!

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| 1120 views | | 3 replies (last January 4, 2019)
Post ID: @OP+WWUSqca

LP Changes Coming

Lowe's LP has some big changes coming. Changes that lead to the layoff of personnel, however, are handled in face to face meetings.. The HR cuts were done at in-person Market meetings (because they answered to Market HR Managers). The ASM purge was... — read more 

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| 3980 views | | 5 replies (last January 4, 2019)
Post ID: @OP+WWCVXg6

SM confernce call...SM wont budge on giving any info

I attempted to pick my SMs brain, she wouldnt budge. She wouldn't confirm whether or not the call was about LP. The same SM that has been trying to convince me to be an ASM for the last 4 months. All she stated was, "ppl who need to know will know... — read more 

Will anybody share the info?

What are the chances we find out what was said during the conference call once it's done? Any kind soul with info willing to share?

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| 3600 views | | 6 replies (last January 4, 2019)
Post ID: @OP+WWxaCzP

Truth101

All of this is pure speculation. SMs are on a conference call right now. Pretty sure the info from that call will get leaked....whatever it may be about. Obviously it's important if SMs have to get on a call on their day off. Our minds will be eased... — read more 

The Hatchet falls Tomorrow , January 4

Tis the season for expense cutting and restructuring. PSI is gone ! Loss Prevention in your store gone ! Some sales specialist positions are also being eliminated ! A couple more changes in the market staff but I don't have specifics yet. Will update... — read more 

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| 9160 views | | 20 replies (last January 4, 2019)
Post ID: @OP+WWO57fg

Do managers know ahead?

A question for people from closed or closing stores (if any still come here) - were there any signs in addition to sales that closing was coming? I'm mostly wondering about your managers. More than one in my store have either found a new job or... — read more 

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| 990 views | | 2 replies (last January 3, 2019)
Post ID: @OP+WW1GsWx

Sales Managers

Has there ever been a more redundant role than the Sales Manager? Least amount of tangible responsibility in the store. Walks around all day "Helping" but has very little actual responsibility other than managing the specialists. The same specialists... — read more 

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| 1020 views | | 3 replies (last January 4, 2019)
Post ID: @OP+WW00M4b

Replacing fulltimers with part time associates

Replacing fulltimers with part time associates. Already happening at my store. Two full timers were “promoted” to SSM. The first on wasn’t replaced and the second one was replaced with a part timer. Our inside seasonal department is being staffed by... — read more 

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| 960 views | | 3 replies (last January 3, 2019)
Post ID: @OP+WVNu9i4

Any surprises this year?

What do you think? More store closings? More cuts in hours? Removed positions? What can Lowe's throw at us that we haven't seen before?

Friday

full timers at whitemarsh all to be fired on Friday and then have to reapply Friday afternoon for a different named position at less hours and less pay

The flaws of PSI/PSE

I was an Installed Sales Manager when the two programs began first the PSI then later PSE was added. There was never any real support for the program. Never any kind of national ad campaign or any advertising beyond in-store. We hired all the wrong... — read more 

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| 2820 views | | 12 replies (last January 7, 2019)
Post ID: @OP+WRA01Vq

What is Home Depot doing differently?

What is Home Depot doing differently from us that's making them do so much better in every aspect? They are clearly coming out as winners here, and we keep falling lower and lower. I guess this is the best example of what good verses lousy management... — read more 

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| 1310 views | | 9 replies (last January 3, 2019)
Post ID: @OP+WRmB9IC

How did your store do in 2018?

Did you make enough to keep you open for another year? I'm pretty sure I'll be out of a job pretty soon, considering that our sales have dropped considerably in the last twelve months. And considering that no improvements are being made, things will... — read more 

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| 870 views | | 4 replies (last December 29, 2018)
Post ID: @OP+WQpDYLi

Corporate sabotage

Attempting to enter in competition with the likes of Amazon with a direct fulfillment center during a growing economic downturn seems rather ignorant. Lowe's wanting to expand more into the Pro market is laughable with no fleet expansion for job site... — read more 

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| 1810 views | | 6 replies (last January 3, 2019)
Post ID: @OP+WNVlIlX

LP Funding Cut

Looks like the LP department has had a massive funding cut. Changed coming to position soon around February.

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| 25240 views | | 128 replies (last August 1, 2019)
Post ID: @OP+WL6bKkT

Topix Gone

Was a c-ap site anyways. Would pull off entire threads. Yuo won Marvin!

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| 2540 views | | 7 replies (last November 13, 2019)
Post ID: @OP+WJWw2Mm

List of closing stores

Finally we have a full list of closing stores. Good luck to everybody affected. https://247wallst.com/retail/2018/12/11/a-list-of-all-the-stores-lowes-will-close-in-the-coming-weeks/

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| 1410 views | | 2 replies (last December 16, 2018)
Post ID: @OP+WzLDQOB

Lowe's reports disappointing sales; to exit Mexico

NEW YORK — Lowe’s Cos. reported disappointing numbers for a key sales measure in the third quarter and said it would exit its Mexico operations in its bid to compete better with home improvement leader Home Depot. The home improvement chain said it... — read more 

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| 940 views | | 2 replies (last November 29, 2018)
Post ID: @OP+WmREuR7

PSE/PSI Program to End

Marvin talked about in the latest Round table but it doesn't take a rocket scientist to see it coming. It is no longer profitable and the number of lawsuits and overall complaints about the program has sky-rocketed. Time to put it out of it's misery... — read more 

The big window of opportunity

The Analysts seem to be in agreement that Lowe’s moves to shut down unprofitable stores, shut down Orchard Supply Hardware, going out of Mexico etc.. were right moves that will allow the company to grow. I know the company came to a point where it... — read more 

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| 940 views | | 3 replies (last December 15, 2018)
Post ID: @OP+Wh7lCC8

The harder Lowe's tries the deeper it sinks

The company is doing all that it can to stay above water. The harder it tries the deeper it sinks. The entire structure is run by a bunch of id--ts. The psi and pse programs are constantly full of screw ups. Management on all levels, from the sales... — read more 

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| 1092 views | | 1 reply (November 24, 2018)
Post ID: @OP+WhJHRkw

Things must really be bad

Lowe's is exiting Mexico operations, which makes me think things are worse than I even thought they were. With all the store closings all around, I'm starting to think we are going to end up like Sears sooner rather than later. Lowe's is really not... — read more 

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| 940 views | | 1 reply (November 22, 2018)
Post ID: @OP+WgWnND5

It's all Home Depot's fault

Well, more like the fault of Lowe's leadership not capable of catching up to competition. And we see that all the changes made at the top will change nothing at the bottom - the only way they STILL know how to improve profits is through closings and... — read more 

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| 762 views | | 2 replies (last December 15, 2018)
Post ID: @OP+WezUsCc

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