Thread regarding Sears layoffs

Keeping everyone in the dark

I am a manager and we had a morning meeting as usual. Our sgm was off yesterday, so our zs did the meeting. Right now it’s business as usual, and store managers know just as much as the rest of us. Leave everyone out of the loop until the last possible minute. Only changes in the interim: no 3rd party GCs, RRC and DDC trucks could be delayed (FLS mail told us to contact the DC directly and not to pebble—sounds like controlling the spin of the story to me), and Simmons/Serta has a “temporary supply disruption” meaning we can’t sell 50% of the mattresses on the floor. I wonder why that could be. I’m trying to be optimistic, but I know the writing’s on the wall. I really don’t know what to tell my people. It’s ridiculous the way they keep everyone in the dark. I’ve only been with the company for five years, but some of the people that I work with and even the people that work under me have been with the company longer than I’ve been alive. I hate this.

This was posted on another thread by @VCkWQV5-hrt . I know they want to prevent mass panic, but at this point, the“business as usual” story doesn’t calm anyone down and is more of an insult to the injury for the workers. It’s about time someone from the company management addressed the workers.

by
| 1061 views | | 7 replies (last October 14, 2018) | Reply
Post ID: @OP+VDZGY90

7 replies (most recent on top)

No one will know anything except a few C-suit people until all the papers are filed

by
| | Reply
Post ID: @imy+VDZGY90

They will file Chapter 11 this evening. Go to work like normal tomorrow. One of the first actions on bankruptcy court is to approve funds to continue operations. You will get paid.

by
| | Reply
Post ID: @pzy+VDZGY90

Leadership can't say anything since there's nothing to say in a situation this fluid. What are they going to do, say everyone's safe? they're not. They goin to say they're going out of business and chase away any chance of financing or a buyer emerging? Not going to do that either. You just have to sit and wait, sorry.

by
| | Reply
Post ID: @lwj+VDZGY90

They still say nothing to the staff until it is public knowledge. The reason why the SM from both Sears and Kmart are towing the company line is because they don't want to think that will lose their nice and cushy jobs.

by
| | Reply
Post ID: @esy+VDZGY90

Insider trading if info is shared prior to actions being executed

by
| | Reply
Post ID: @bco+VDZGY90

90,000 swamp rats

by
| | Reply
Post ID: @oql+VDZGY90

People get upset and rumors fly when truth is covered up!

You wd think they would be giving the employees some kind of direction! Pretty sad when you keep 90,000 employees in the dark

by
| | Reply
Post ID: @zdz+VDZGY90

Post a reply

: