Just had a store manager tell me he sat through 5 conference calls today about the cuts. Looks like most stores in Louisiana are losing at least one ASM.
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How much notice are they giving COR? 30 or 60 days? I want to plan for a new job but still get my severance.
Level 1 stores sounds like they will be transitioned to dealers in most cases. A lot of Level 1 stores were remodeled even into December, which is unheard of. Store construction typically stops at the end of October... There was mention on the call that stores will close and down to the RSC there will be cuts.
ASM's are being surplussed as many stores have multiple ones.
It doesn't make sense to have high hourly paid managers in a store where they can cause overtime, etc.