I was just wondering, how long will it be before we see next restructuring at Lowe's now that we have a new CEO?
From what I've seen, he is not shy of either layoffs or closings.
I'm betting those are the exact qualities that netted him this job, and those will be some of his first moves in the new position.
Hearing they may be having some layoffs next month. Possibly getting rid of some of the high paid people like ASM's. Our store was going to hire several people since we have always been short staffed but now that is on hold. Something is brewing. It is basically inevitable when new upper management comes in. He will just run the company into the ground even more. The problem isn't with the low level employees being treated like scum of the earth slaves, the problem is the crappy over paid management at all levels.
I have several resumes (google types of resumes) that I modify to highlight my skills for another job. I spend my lunch hour sending applications to online sites.
That’s why I’m updating my resume now! More layoffs and staffing reductions are in our future!