The Home Depot layoffs

[redyaris]

How the mighty have fallen...

The failed 'legacy' of Robert Nardelli (now Chrysler CEO incredibly) is still hovering over Home Depot. That greed filled G w Bush supporter killed that once proud company singlehandedly.

Ask here in central Florida about Home Depot and what they did to Hughes Supply (now HD Supply). You wont get many favorable responses.

Board installed current CEO Blake (Nardelli's close buddy) is no improvement. It amazes me, even in these economic times it takes an act of Congress to find a salesperson in Home Depot with register clerks that cant even say 'thank you' when you buy something.

As for me, Lowes is the first place I go to buy home needs/tools, etc... after a Home Depot store Manager told me that Home Depot just didnt need my business....

Lowes doesn't give me hassles when returning items and has more people available to answer questions (generally, although they are far from perfect).

Perhaps Bernie Marcus (rich giant aquarium builder) and Arthur Blank (rich Atlanta Falcons owner and Mike Vick supporter) could reenter and remake HD but its too little too late.

Best of luck with the job search if one is needed.

BTW, the terrorists did win. They wanted total economic meltdown and chaos after 9/11. I would say they have achieved that 8 years later with some help from our own fellow Americans.

p.s. Sprint/NEXTEL just announced 8K worth of layoffs today too.

[Thirty-Nine]

My wife was laid off in September, and is still without work. Her field of architecture/interior design is hurtin' pretty badly because of the lack of building. She's going to have to start looking at a career change.

I was laid off in November, and have started a freelance writing gig. I've got several clients at this point, which is great. Hopefully, I can keep the work coming in. My Web site is being built (www.LilienthalCreative.com), and I've been out drumming up more business, too. I figure if I can be reasonably successful during the downturn, hopefully I can be even more successful in "good" times.

[staypuft]

i work in the orange box and i am in store level, i was informed that we are not going to go anywhere for now, but we do cut back on hours instead of laying off people

[staypuft]

im glad i dont live in wisconsin

[SIPNGAS]

Originally Posted by staypuft

im glad i dont live in wisconsin

I'm glad you don't, too.

If you did, I couldn't make fun of you for being from Illinois.

[PetersRedYaris]

Originally Posted by staypuft

im glad i dont live in wisconsin

Geez, Home Depot isn't that great...

[staypuft]

Originally Posted by PetersRedYaris

Geez, Home Depot isn't that great...

yeah but jobs are hard to come by.

[Kioshi]

John, I would check w/ the regional HR for your area. I work at a small volume store, and i too am afraid, but we make our sales goal most of the time, so we are in the clear at the moment...accodring to my DM, ASM, and SM. And besides, if you're the only store there, closing it down would mean Lowes would jump in on that spot and do some damage to Home Depot; not happening in that case.

[churp]

Jobs at the large companies are bad, but nothing much is said about the small companies...probably just as bad if not worse. Lots of the smaller companies have laid off to the bones around here and a few have cut everyone to 32 hours just to keep going.

[Kioshi]

For any Home Depot employees here...all i know is (around my area at least) stricter regulation of lunches, breaks and punching in-out is being monitored. Before my managers were lenient, now they aren't :(...I usually take advantage of the 6 minute grace period at my job most of the time haha..

[GeneW]

Originally Posted by Kioshi

For any Home Depot employees here...all i know is (around my area at least) stricter regulation of lunches, breaks and punching in-out is being monitored. Before my managers were lenient, now they aren't :(...I usually take advantage of the 6 minute grace period at my job most of the time haha..

Probably a good idea to use that grace period as infrequently as possible. Where I work we are being observed and monitored for slacking and raising hell. Management is already restricting purchases above fifty bucks. They are also shuffling folks around, at first voluntarily and then they'll make folks go.

They offered work in other areas, some of which I've been trying to get into for over a year. I told one of my coworkers, "Christmas came early this year".

I don't take anything for granted now. Things are too unpredictable, and I remember the recession of 1982, handing out resumes by the stackfull and then waiting by the phone like the Maytag repairman. Screw that.

Gene

Gene

[jclo3313]

Originally Posted by Kioshi

For any Home Depot employees here...all i know is (around my area at least) stricter regulation of lunches, breaks and punching in-out is being monitored. Before my managers were lenient, now they aren't :(...I usually take advantage of the 6 minute grace period at my job most of the time haha..

My store has been the same. We are a C volume store, so management has time to be fanatical about punch in punch out regs. I'm the guy that's always early, skips breaks and meal periods so that I can split early. These days no can do. Now with the bomb that has been droped, I can only see it getting tighter on day to day SOP. Who knows what is going to happen, but I know everyone here is walking on egg shels.

[KCALB SIRAY]

Originally Posted by jclo3313

My store has been the same. We are a C volume store, so management has time to be fanatical about punch in punch out regs. I'm the guy that's always early, skips breaks and meal periods so that I can split early. These days no can do. Now with the bomb that has been droped, I can only see it getting tighter on day to day SOP. Who knows what is going to happen, but I know everyone here is walking on egg shels.

I think we need to open our own fab shop

[jclo3313]

I fyou have the start up g, I'm in.

[GeneW]

Originally Posted by jclo3313

Home Depot Inc. plans to eliminate 7,000 jobs while closing four dozen stores under its smaller home improvement brands as the recession continues to batter the nation's housing market. Its shares climbed more than 5 percent in morning trading.

Home Depot shares climbed $1.16, or 5.3 percent, to $22.88 in early trading Monday.

This is not part of HD's "core" business.

What surprises me is that HD isn't closing down more stores. I guess that people are starting to do their own work around the house and still need HD?

One of my coworkers does electrical work on the side. He claims that HD and Lowe's can match and beat a lot of the "old school" electrical supply houses in terms of price and selection.

Gene