Thread regarding Lowe's Cos. layoffs

The Master Plan

They're going to make changes that go directly to more profits (cut manpower) to drive up stock.

Then sell and bail. Just like J.C. Penny. Notice they (Penny's) are closing more stores again.

When you only aim to please shareholders, you destroy the very foundation of the business that got you there.

No business exists without customers.

The second most important factor is the employee directly in front of them.

All the rest are just background.

Shareholders are just along for the ride, also many employees own stock. I'm sure they would appreciate a steady, reasonable dividend over many years instead of trying for a fast grab windfall that destroys their primary job. Some changes are always good to improve basics. I just think they cut too many incentives to hard workers.

You know, the very one's making the money.

by
| 1815 views | | 4 replies (last February 11, 2020) | Reply
Post ID: @OP+136moibP

4 replies (most recent on top)

The post about the lack of respect we have for Marvin is dead-on. He is a clown, a joke, and a fake. The constant contradictions in what he says and does are being noticed. He has lost any and all respect he might of had.

by
| | Reply
Post ID: @miyn+136moibP

@1wfs posted a good reply here.

I like this the best

Everything Marvin is doing, is for personal, short term gain for himself, his friends, and shareholders. ALL at the cost of customers, employees, and the company. Long term goals are non-existent.
by
| | Reply
Post ID: @lzxq+136moibP

Today, businesses are in bed with Government, and all they care about is getting rich quick (scams). These scams are always unethical, corrupt, and greasy.

Norway cleaned house years back and basically got rid of all corruption, Thats what USA needs badly.

Adam Smith and his "seen vs unseen" aka the Invisible Hand applies here.
No one sees the harm NOW, thats being done for the future. But its happening, and its coming.

Everything Marvin is doing, is for personal, short term gain for himself, his friends, and shareholders. ALL at the cost of customers, employees, and the company. Long term goals are non-existent.

His so-called, posturing, "Push for Pro" has lost us business. The plan itself is not well thought out, and detrimental. Its as if the people in corporate have no clue what Pros want, need, and expect.
Marvin and co push a plan of harassment, and pestering. Constant emails and calls that are pointless! This new Loyalty program is nothing more than "hype". Lowe's forced employees to harass customers to sign up, WITHOUT even providing plan specifics. Customers would ask, "so what will this Loyalty program do for me?" And corporate expected us to just lie, and say well, you'll have to trust us and details are forth coming! Nonsense. It proves to customers we are snake oil salesmen rather than competent, caring, and truthful. We are anything but, "loyal."

The recent unqualified hires in this past year also proves Lowe's doesnt care about customer service any longer. They are all unqualified, and do not fulfill 5% of minimum requirements for the job.

Lowes is lost. We are a ship at sea, in a storm, with no captain and no steering wheel.

Marvin is not a leader, blaming "operations" in his last podcast for the RTM cut and others. What a clown. All respect is lost. He doesnt respect anyone or anything, and neither do we as employees. Mt store manager and ASM's openly say derogatory remarks, and brutal smears about district managers on up to Marvin.

When all respect is lost, so is the company.

by
| | Reply
Post ID: @lwfs+136moibP

The company is being run by Parasites!

by
| | Reply
Post ID: @1kvk+136moibP

Post a reply

: