Hello Folks,
For those of you who are new to layoffs, wage freezes, and store closings, this is a process. The process, by whatever name it goes by, is where, the top few in the corporation gut a company, pockets the money in by way of things like super high wages and benefits, golden parachutes , and extended wonderful health care plans. That folks, is if they're not just outright stealing it. The employees, however are told a story of hope. They even have many of the more gullible managers and spokespeople believing that the company is actually trying to survive and needs to cut employee wages, health benefits, hours, etc. The money generated by these austerity policies is being pocketed by the top few. Look around folks, they are certainly not putting much back into the company. Sears was once known for it's tools, huge catalog, money back policies, and selection. Look now, the greedy management has china made junk for tools, poorly made and engineered for ease of manufacturing. The store only want to carry the items that move fast, the catalog was on then off, then on. Money back now means restocking charge, and refusal to accept for return broken items, and of course the worst rip-off of all for the customer, the service agreement.
The corporation simply cannot tell you that the end result will be a complete store shut down, no matter what you do to help, because they know full well, they will then not have a cooperative work force to help them make up for under-staffing and help them with the logistics of closing stores. In the end some company liar will blame it on the internet, and competition. But, if you really look around and see the amount of customers they still have, the huge "profit for nothing", things like service agreements, and the low wages coupled with un-affordable healthcare "benefits" , you have to ask yourself, how could they go out of business??? Do you really thing the board of directors would put up with an incompetent CEO??. He's doing exactly what they want him to do folks.