reply to post by kupoliveson
I feel compelled to add to your statements. 2000, saw the coming and going of a major player in your Home Improvement warehouse.
The company was on the verge of a 2 for 1 stock split right before this happened. One of the 2 CEO's liquidated 2/3 of his shares in the company, and
retired. The other of the 2 liquidated 1/3.
This happened overnight.
Employees woke up to find that their 401k's and stock options had dissipated.
A little warning would have been nice.
Something along the lines of Martha Stewart. But she was never even a thought in peoples minds at this time.
Along comes a new CEO who formerly ran "lets say, General Eclectic" into the ground, as we are seeing today in 2009. This has been known since the
early 2000's by the way.
The long held promise of the Home Improvement warehouse was that it would never "RIF" Reduction in force.
Along with a slew of policy changes employees began noticing time cuts. 15 minutes here and there as you described, but employees with exemplary
attendance records. Their punches were being altered to shave off time and make them come up short. Despite, records kept by the individuals, this
also served as grounds for dismissal. Late punches.
Along comes Christmas. Everyone goes home for Christmas eve. When the come in on December 26th to begin work, a marvelous thing awaits. New fangled
automatic cash registers. Along with all of the management staff and a battalion of police officers. The management makes the announcement that
33 of the 40 cashiers have effectively been terminated under grounds that they refuse to acknowledge. Wonderful way to start the new year.
This among other things such as false accusations of theft, as well as miss appropriation of petty cash, leads to another slew of terminations.
The warehouse comes up 31 cases short of a Dewalt drill. The dept head is pinned to the wall, arrested and fired. As is later discovered by loss
prevention, it was the manager of the store that had stolen the drills, by means of an Official donation to habitat for humanity, which the charity
never received. This was confirmed by watching security footage of the manager using one of the stores rental trucks to load up after hours, at the
back garden gate. It seems he never shut off the camera.
The dept head was never offered his job back and was bailed out by his family who was never reimbursed. The store manager was arrested, but released
2hrs later as became evident when he came into the store to clean out his personal belongings under police escort.
3 drivers for the company, arrived at work one day to find that they no longer had jobs. Miss appropriation of petty cash used for mileage and
traveling expenses was blamed. It was stated, that the drivers had filed false claims to obtain extra monies, to the tune of some $25 each.
The following morning, NEMF began delivering for the company on a so called trial basis, which allegedly had been set up overnight, but spread to 20
stores within one week as drivers were either terminated under false pretenses or forced into a position inside the store at a pay reduction.
The list goes on and on.
[edit on 8/3/2009 by reticledc]