Lowes announces more cuts 2-13-2012

More cuts coming at the corporate level

http://www.journalpatriot.com/news/article_de...

Good they could get rid of all of them the company would run a lot smoother.

Chris Nolan wrote:

Good they could get rid of all of them the company would run a lot smoother.

Unfortunately, these cuts are at the CSC level; the "little guy." You don't think they would trim the actual FAT, do you?

I still think ole Nibby's days are numbered, couple more quarters with dismal results like the past and the Bill Ackmans of the world will be calling for his ouster. I wouldn't mind the whole lot with the exception of maybe Mike Brown, being shown the door. He seems like a go-getter that actually get's things done

Ju-JuBear wrote:

I still think ole Nibby's days are numbered, couple more quarters with dismal results like the past and the Bill Ackmans of the world will be calling for his ouster. I wouldn't mind the whole lot with the exception of maybe Mike Brown, being shown the door. He seems like a go-getter that actually get's things done

Couldn't agree more.

I think it's going to get worse before it gets better. Associates with50% spiff on their checks now have targets on their back!!

What will the call be about on Monday morning?

Mondays call will be about department managers..

What about department managers??

Department managers will be on salary beginning in 2 weeks.with a 3% raise,minimum 50 hour weeks.

look forward to at least 70 hours per week.

corporate cat wrote:

Department managers will be on salary beginning in 2 weeks.with a 3% raise,minimum 50 hour weeks.

This will be a positive for some of us underlings whose Dept. Manager is a sluff off-creating their own hours, walking around BSing while having us do their work and other unproductive activities because they do not know how to manage.

They need more accountability and training. I really do not know how some got to be a dept manager except it was for years of service.

so that means dept managers will be on the %300 SSEI payout instead of $1,200?

Thanks for putting us department managers down! Some of us actually word hard everyday, and earn our paychecks! What little bit we get anyways! As for assistant managers, I've done that job before and it's not hard. Corporate really needs to start looking for and hiring store managers that actually care about their stores and associates. Not ones that only care about bonus time.

special wrote:

so that means dept managers will be on the %300 SSEI payout instead of $1,200?

That also would be great. Why they make 4 times what a CSA makes is not understandable. Some don't do 4 times the work-Remember we are going from a "me" to a "we", therefore, "we" should all get the same bonus because "we win as a team and we fail as a team".

Looks like once again, dept managers get the shaft. Make us work harder and longer to make everybody else's job easier! Watch the company's turn over rate sky rocket!

TX king wrote:

Looks like once again, dept managers get the shaft. Make us work harder and longer to make everybody else's job easier! Watch the company's turn over rate sky rocket!

Or...maybe...it is to see who is promotable.

Are you a 30 percenter?

From Article:

“If the VSP does not produce sufficient reductions, management will have the discretion to implement an involuntary reduction in force as needed,”...

What does this mean?

MayDay MayDay wrote:

From Article:

“If the VSP does not produce sufficient reductions, management will have the discretion to implement an involuntary reduction in force as needed,”...

What does this mean?

It means termination. Just ask the 1700 that got "involuntarily" termed January 25, 2011.

"It means termination" only in NC, right? Meaning cooperate, not store level, yeah? Curious about context, thats all