Hy-Vee vs Fareway - Sunday Commercials
- Thread starter mynameisjonas
- Start date
Reading the internal letter shared in the Reddit post above, it looks like one IT employee inquired about a Wine & Spirits Manager position and were told they’d have to start as a clerk and work their way up.
They have 88000 employees. I bet they are hiring way more than are being let go. Still not convinced they are not “doing well”.
I don’t think you’re going to see financials from a privately-held company. Laying off the entire IT department whilst doubling down on construction for Aisles Online seems like an odd choice. A recession is a great excuse to eliminate unnecessary positions, and they may not be financially struggling, but their CEO is utterly time-deaf. I hope they eliminate his position and let him be a clerk instead.
The stuff going on in Minnesota makes me think they are having some financial issues. Selling properties and backing out on planned stores. Maybe they are just doing this to prepare for the move east that they've been talking about for awhile.
Most Hy-Vee's in the metro are crazy busy, so if their profits aren't what they should be then their leadership really sucks.
I know you’re in the ‘just asking questions’ crowd. But why cant you just take people at their word? Not many people wish to burn their friends and family with their first hand accounts of what is happening at Hyvee.
I can assure you, they are all being offered lower wages, and in most cases, starting wages.
Do you seriously think there's a possibility Hy-Vee is going to pay corporate-level salaries to people bagging groceries and ringing shoppers up?
Logic be damned. Is it too much to see someone's pay stub that had a corporate job to now bringing carts in?
Seems like if this were the case we’d see people impacted sharing their stories and it would be highlighted more in the news reports, but everything I see is third hand info or anonymous posts it seems. I’ve yet to see someone directly impacted say they offered me a retail job at half my current salary. Not saying it’s not happening…just fishy it’s not being reported that way.
Lots of people with an agenda it seems.
Dude, if Hy-Vee was going to continue paying them their corporate salary, what would be the point of moving them to retail gigs? It makes no sense.
It’s possible that as part of any severance package they get, they’re barred from disclosing details.
They also may be searching for work right now and probably don't want their name publicly out there on a news source
They need bodies in the stores from what I’ve read. Retail management down to all positions. They are offering some moving allowances in the case of certain stores. They have overkill in the IT and marketing corporate functions. Nothing I’ve seen shows it is a financial decision. 500 jobs out of 88000 employees is squat. Especially when they are trying to hire way more than that.
So you really think they're offering corporate-level salaries to people being forced to move to retail positions?
What % of those 88,000 employees are retail workers making $15/hour? I'm guessing a lot. All of those 500 employees were making way more than $15/hour.
I got no dog in this fight...just find it odd that so many here seem to have a vendetta against them for some reason or other and the facts don't seem to support the picture folks are trying to paint of a failing business with a poor balance sheet.
Who knows though...I certainly don't. Just being a contrarian.
Who knows though...I certainly don't. Just being a contrarian.
