Thread regarding Belk layoffs

Store Manager Layoffs For Managers making over $100K

Has anyone heard that six figure salary store managers are fixing to get the boot by year end 2021. I’ve heard this from multiple people. Is this the truth or rumor?

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| 1331 views | | 5 replies (last March 25, 2021) | Reply
Post ID: @OP+1a1bEF6Q

5 replies (most recent on top)

this is not a rumor. It’s called strategic planning.

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Post ID: @1jsc+1a1bEF6Q

I have heard this before as well. I know several Store Managers who "stepped down" or "retired" that were in that salary range. New store mangers are starting as low as $60,000 at small door stores.

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Post ID: @wcz+1a1bEF6Q

Another silly rumour.

The one thing Sycko wants to avoid is another lawsuit as they are up to their knees in them now.

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Post ID: @lin+1a1bEF6Q

Also those $150- $180k RVP’S are at risk as well, I don’t think the position will go away but they will have fewer of them I would guess

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Post ID: @hwl+1a1bEF6Q

Yes, because they can bring in a young former STM and give them half of that and they’ll take the position.

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Post ID: @koc+1a1bEF6Q

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