Quote:
Originally Posted by frahse
"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..."
https://www.cnbc.com/2018/02/12/barn...ay-season.html
I am saddened.
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I don't know what these corporations know that we don't, but layoffs are happening all over and in all industries. My brother recently was laid off from Verizon (he had worked for XO for about ten years, until Verizon bought them a couple years ago). He was laid off with about 16,000 other employees, but there was no news about it because, if a corporation gives their employees 60 days of severance pay, it's not
officially a "layoff." His son, my nephew, is a compliance manager for Frito-Lay (he learned this "on the job" when the woman he replaced died and there was no one else to do it), they are laying 10% of their workforce (about 27,000 employees). He doesn't know yet if he's one of them or not, but this particular layoff (which probably won't be reported as one) supposedly is going to effect mostly those over 50 years old (which he's not). AT&T is rumored to be about ready to make a massive layoff. Verizon, besides the layoffs at Yahoo and AOL, and those in the service division (where my brother was) are about to lay off many of their store retail employees. If you want some of this grim news just go to
https://www.thelayoff.com/ (though they won't report as "layoffs" non-official layoffs (like Verizon's 16,000).