Thread regarding Follett layoffs

Layoffs Q4

If things don’t turn around by the middle of Q3, layoffs are coming. Expect it. Plan for it. The field will be first.


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Post ID: @OP+1m6q34x4n

12 replies (most recent on top)

@14s Sacrificial lambs. Scapegoats. Maybe the farm needs better management?

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Post ID: @1a4+1m6q34x4n

@196 Idea: how about returning to a structure that allows for enough folks to properly run the store?

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Post ID: @1a3+1m6q34x4n

The ML position was never long for Follett. Serious restructures are coming.

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Post ID: @196+1m6q34x4n

@112

I'm amazed ML's aren't designated "SL's"... for "Sacrificial Lambs".

Good luck, everyone.

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Post ID: @14s+1m6q34x4n

Wow!
Imagine that...laying MLs off.
What an absolute crock.
Once again, the field pays the price for the costly mistakes from Corporate.

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Post ID: @112+1m6q34x4n

@10s 30 Market Leaders

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Post ID: @10x+1m6q34x4n

What positions were let go?

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Post ID: @10s+1m6q34x4n

@wm yes, they have started. Everyone is on review right now. My GVP is clueless though.

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Post ID: @ya+1m6q34x4n

Speaking from experience after the call from my RM today, layoffs have started now

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Post ID: @wm+1m6q34x4n

Well said!

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Post ID: @jj+1m6q34x4n

Hopefully it’s me at this point, DMGM is a dying breed around here the best I can hope for is a layoff and severance instead of outright quitting

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Post ID: @fg+1m6q34x4n

There are not enough people to do the work, both in the stores and in terms of transformation of legacy systems. Significant tech debt. Follett has been trying to replace CorePOS for four years. Can’t afford it. Four CFOs in four years; three CIOs in four years. Should have listened to Mani on a POC before rolling out Shopify, which has been detrimental operationally. Three POS systems running in parallel? Abysmal. A new c- level for store ops and a new strategist? Constant disruption. If the c-levels had asked their people what needed to be done to save the company instead of bringing in outsiders, who have a learning curve and that Follett is unique, that probably would have been the better approach. Many of them come from CVS. I’ve worked there. Dysfunctional. See MarketWatch. The bigger picture is that leadership doesn’t value its people. In order for transformation to be successful, leader leadership needs to empower the people doing the work. Follett can’t pay its bills and have become a credit risk. Shopify will continue to fail, no matter how much money is thrown at it, as a transformative effort because the C-level does not value the people who are doing the work. Toxic. The new CIO and his henchman are toxic bullies, which do not engender a positive, productive environment. The new CIO has spies. Creepy. In short, the C-levels are eating their young. It is probably time for the longevity of Follett to file bankruptcy and have the board replace the C levels from the CEO down.

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Post ID: @a6+1m6q34x4n

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