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On Monday, February 12th, Barnes & Noble fired a number of employees.
From CNBC:
Barnes & Noble is trimming its staff, laying off lead cashiers, digital leads and other experienced workers in a company-wide clearing, CNBC has learned from sources familiar with the matter.
The news came abruptly for many workers who showed up Monday morning at various Barnes & Noble locations to be notified that they no longer had a job, the people said. The number of affected workers couldn't immediately be determined. As of April 29 of last year, Barnes & Noble employed about 26,000 people.
"[Barnes & Noble] has been reviewing all aspects of the business, including our labor model," a spokeswoman told CNBC about the layoffs. "Given our sales decline this holiday, we're adjusting staffing so that it meets the needs of our existing business and our customers. As the business improves, we'll adjust accordingly."
From The Digital Reader:
The initial report said B&N had fired "lead cashiers, digital leads, and other experienced workers", but what that report missed - and why this was worth bringing up a day later - was that B&N also fired nearly all of its receiving managers in what current and ex-employees are calling Bloody Monday.
[...] When B&N fires a digital sales lead, it means they'll sell fewer Nooks. This is no big deal given how B&N's digital revenues have fallen since 2013. When B&N fires a head cashier, it means you're in for longer waits at the register.
But when B&N fires its receiving managers, it means that B&N won't have the merchandise to sell you because the person who was responsible for making sure shelves get stocked does not work there any more.
Previously: Barnes & Noble Reports Holiday Revenues Down
Barnes & Noble Pivots to Books
(Score: 2) by Sourcery42 on Wednesday February 14 2018, @08:29PM (1 child)
I've seen this work out really good for someone once. We were working at a place that was shutting down. Everyone knew the headcount reduction was imminent, and almost everyone was looking for another job. First thing in the morning one coworker is telling me about how he's accepted another job. He's about to put in his two weeks notice, resignation letter in his pocket. Before we even finish the conversation everyone gets rounded up into the big conference room, and about half of us found out it was our last day. Everyone who was let go got 6 months severance pay. His eyes lit up when he heard that (they were cheap bastards - it was pretty surprising). He caught me after the meeting and swore me to secrecy about his new job to not jeopardize getting that severance package. Bad deal for most everyone, but it played right into his hands.
(Score: 2) by Grishnakh on Wednesday February 14 2018, @08:56PM
Yep, it was a little like that with my job too: we all knew the axe was going to fall, we just didn't know when. I wasn't as proactive as your coworker, but when I got my severance, I found a new (and higher-paying, but longer commute) job within a month.