FM has added over a dozen friends in various leadership roles since this January. Want to honestly understand what innovation or improvements they have brought into SDS

How long does anyone think before all stores close in the U.S?

https://www.bloomberg.com/amp/news/articles/2017-10-03/india-s-tcs-defends-u-s-visa-use-in-anti-white-worker-bias-case

Many of those hit by the last round of layoffs are highly skilled and trained engineers and operations management with Masters degrees. I am proud to have worked with these exceptional team. The rapidness of the change - and some groups that had no... — read more 

“Splunk analytics and metrics are helping us optimize every aspect of what we do, including quickly identifying and correcting irregular transactions so customers receive the best possible service. The Splunk Enterprise platform is a critical piece... — read more 

Layoffs happened across both of it's 2 corporate offices, Framingham MA, and Broomfield CO. Affected employees will have a chance to interview with TCS in October... Those hired by TCS will leave Staples for TCS in November, while the rest will stay... — read more 

After a twenty year run I was “impacted” last Thursday when I was informed my services with Staples were no longer required. Later in the day in an email sent out by CTO Masud, I found out that my, and most every other “impacted” Staples Digital... — read more 

If any layoffs happens please let us know... "We the North"

Massive layoffs yesterday. Nearly all of IT outsourced to Tata. Also, strong rumors that Fam is leaving. Total sh*tshow

Please be prepared because these cuts will continue. The company needs to cut expenses now that it is property of Sycamore (a private equity firm). Staples will be prepped and made to appear more attractive for obvious reasons. As all have been... — read more 

Get on the HUB and READ the policy on severance. If possible find the changes and dates of the changes to this policy. Save this info to an outside location. It use to be 1 week for each year of service up to 16 weeks. (I'm sure they have F,cked that... — read more 

Staples just let go of over 150 sales people across the midwest and east coast. They said they "eliminated the position". People recieved 4 weeks of severence. They have been saying that there would not be layoffs because of the buyout with sycamore... — read more 

Rumors are IT outsourcing and layoffs coming next week at corporate. HR has been huddled with the executives. And so it begins...

There are rumblings, that the AC program is going to be shut down as part of the 20/20 Sycamore Change. As they are ultimately a money losing team. There accounts will be split, the “big” ones will go to the SAL’s and the tiny accounts will go inside... — read more 

It looks like a massive slaughter occurred today at SBA-MM, as they shut down the ever failing AM 10-29 er 10-19 program. Hundred of people were let go from both the B2B and AM side in those three regions. Survivors were of course BP’s favorites... — read more 

And now, here is what to expect from PE You are always for sale – Unfortunately there are negatives to working for PE held firms. This is one of the most unnerving for some and where public firms who are more stable have an edge. PE firms are in... — read more 

It's done.

Staples Inc. stockholders yesterday overwhelmingly approved the proposed $6.9 billion sale of the nation’s No. 1 office supplies chain to New York private equity firm Sycamore Partners, but rejected “golden parachute” compensation for top Staples... — read more 

https://risnews.com/2017-cio-year-awards-results-are I've been out for a while but sounds surprising to me, any new insights?

The long awaited Q2 earnings report is expected in less than 24 hours. However, other than the standard "rou-hah" calls, there won't be an official, investor relations call. There's nothing earth-shattering expected in the report, but the timing and... — read more 

Been told our store may be chosen as a test store for self serve check outs. Store will carry 3 part time front end supervisors all year, but no cashiers will be scheduled. That extra person will be working on the floor. From opening to 11am-ish, the... — read more 

I worked for a store in the Bay Area 2 years ago, although it was very brief. I feel like the way they worded stuff to me it was a way for me to resign from my position. Which I did so, i've always felt uneasy since that day. Should I even bother... — read more 

And what impact will it have on Sycamore's approach to Staples once it owns it? There is no way Sycamore will keep retail as it is. There's no point to that. It would make no sense to keep a bleeding retail business as it is now. And even though the... — read more 

Article with perspective on the selling of brick and mortar. http://www.retaildive.com/news/staples-spinning-off-retail-business/449556/

This article was posted earlier but taken down. It is on Reddit as well. My old store in CA was just as bad trying to get rid of people. Glad I am out, but sad for those who are still there and those who were let go in such underhanded manner. This... — read more 

https://www.rtmworld.com/2d/news/staples-investors-sue-over-6-9b-sycamore-buyout/

I just turned in my keys today! Been a long time (DAILY) reader of this website for a few years now but have never made a post in fear of retaliation some how. I feel bad that I left my GM while still being on the schedule for the next two weeks, but... — read more 

Once retail is gone, which will happen, it will be stripped down to a few choice locations, who will be to blame? As long as the same clowns who killed this company are running any part of it, failure will be the outcome. And there won't be the... — read more 

http://investor.staples.com/phoenix.zhtml?c=96244&p=irol-sec#15156736 "On August 10, 2017 a fourth purported class action lawsuit relating to the Merger was filed against the Company and each of its directors in the United States District Court for... — read more 

At closing of the Merger, Staples expects to separate its United States retail business (“U.S. Retail”) and its Canadian retail business, including the staples.ca business (“Canadian Retail”, and together with U.S. Retail referred to as “Retail”)... — read more 

If you participated in the employee stock purchase plan, what happens to those shares if the buyout goes through?

If you have access to your DM's AS/400 you will see.... Service plans and services represent LESS than 1% of retail sales and LESS than 2% of margin in retail. MUCH less than 1% of our total company sales. Why are we shoving these things down our own... — read more 

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Next month....

https://seekingalpha.com/article/4092981-need-tender-staples?auth_param=1duelb:1co0k6n:2c7d38f4a5587055d458cca33f5c3f8e&dr=1 The value is less than what Staples could or should get. Shareholders should say NO to the deal or file a class action... — read more 

Folks, I had an epiphany today as I flushed my morning constitutional. No, not the obvious sentiment of watching a multi-year career at Staples go down the drain but the realization that for the first time since her taking over the reins I agree with... — read more 

www.cnbc.com/2017/06/29/staples-6-point-9-billion-buyout-could-end-in-the-shredder.html What if Sycamore falls through? The debt payouts may be more than Staples has to give. This is not over and could end even worse. How did this company get so... — read more