As a manager I take it personally that Belk corporate has not released one single memo about this, we are also instructed not to discuss this with associates which makes me think that they assume associates are not intelligent or worthy of vital information. Lisa Harper, Don Hendricks, Sycamore are the rest are deplorable people and should be ashamed of themselves.
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Corporations do not care about employees. That’s why you’re signing that small sentence in your offer letter “employment at will”. They will let you go anytime. You have the same option but scared you’re new employer will learn your just “quit”.
BS.. They only know you were employed. Corporations only care about shareholders, bottom lines, and profitability and rightly so- they’re in the biz to make money. You don’t owe these d-bags anything.
@cfz - So refreshing to see the truth about what's gone with belk/sycamore. My managers are still so in denial. Of course we all know that most managers at belk think they are fooling people. I made up my mind when I first started with belk to stick it out in spite of how badly we are treated but I've always known that the only thing that really matters to belk/sycamore is money. And I'm not surprised that they have not informed anybody. Why all of a sudden would they start caring about the associates well being?
“Fake news” says Don Hendricks
They have never been up front with employees. I am soooo glad I got out when I did.
Unfortunately, it’s not hearsay, rumor or speculation. This information is coming from reliable sources such as CNBC, Bloomberg and the Charlotte newspaper.
And as a previous manager that left last year, I agree the manager who started this thread. It’s a sorry excuse of a human being, who doesn’t have the courage to be up front with associates that they have to lie to over the last year telling what a great job they were doing and the company was doing fine due fulfillment.
I think that sycamore has been planning this long before COVID ever struck the US. It is what they do. Don’t believe me and what I write. Do your research—their longevity with
a company is typically 5 years before they go bankrupt. Just long enough to build it up, take out loans then strip it of the money. They got a perk with Belk though. Belk being conservative, had a cash flow and Sycamore paid themselves a fat dividend with that money when they bought the company.
That’s what this board is for.. Hearsay, speculation, and rumor.
Agree! We have to find this out “on the streets”....no respect or regard for the employees