Anyone know?
16 replies (most recent on top)
IBM just laid off 70,000 people world wide last week. Doesn't sound like a good idea to outsource to them!
The beatings will continue until morale improves
No 360's? What's a GO - I didn't get the memo.
No reviews either. Focus is now on GO's.
No reviews??? For this year?
Per the CFO.
NO BONUSES.
NO MERIT INCREASES.
Doesn't matter who you are, it is across the board for all employees.
They didn't cut bonuses. Did your boss tell you that or did you actually read the document. They took away Merit Increases and Profit Sharing contributions. FY16 team members eligible for a retail store bonus may still qualify for a bonus based on store's performance.
Did anyone not hear we will not be getting merit this year? Or a bonus ? If you haven't herd , you soon will . Our RM told us today on our conference call.
WTF does Follett buy so many junk books ? You should see the cost , no wonder sales are way down . We are the K-Mart of books now
Tata is IBM India. According to what I've read, IBM is dissolving their partnership with Tata.
Big investment into IBM I see. Very expensive to work with them. Their products are fair but we still spend the money. What is Tata?
We can not disclose what is happening, but it should save some jobs, consolidate groups, and restructure the service model. But this is without a few services to be affected and returned in house for savings. Examples are Tata and IBM. These are the two targets at the moment where the ROI is not there and the handlers will need to rethink strategy for 2018.
I read that post too. Where did it go? I thought it read Follett was considering selling off some of their stores to Amazon to help Follett restabilize themselves since Amazon is getting into brick and mortar
Follett is not doing well. We know that. I did not hear the Amazon thing and selling off of assets
...as in down, doobie doo, down, down?
Follett will be acquired and merge to form a new company.