4 ms·

You have a fixed asset (facility) and variable assets (employees). If you are trying to keep your failing company from hemorrhaging money, you can cut the liqui

You have a fixed asset (facility) and variable assets (employees). If you are trying to keep your failing company from hemorrhaging money, you can cut the liquid assets, because you have to keep lights on. The situation at Barnes and Noble is dire. Anyone of us in the same position would have done the same thing, if you cannot admit this, then you need to look at financial sheets and what it takes to run a business. Bearing this in mind, a similar action was undertaken by Home Depot where they cut their experienced staff loose to save monies, but were not in dire straits, I was on the same bandwagon as you about the move.

greedo 8y ago
Nonsense. If you can't properly staff a location, then you close that location. What B&N has done is made a system-wide staffing reduction. So now busy stores have fewer employees to help customers. This ends up hurting sales in all stores, ending in a death spiral. B&N management has been incompetent for the better part of a decade; Riggio is mostly to blame since he can't seem to either delegate or let go.
- jeremymcanally 8y ago
  Unless they targeted higher numbers of experienced staff at said slow stores where their higher pay and experience didn't result in significantly higher sales and largely left experienced staff at busy stores in place. I have no clue if that's how it was done, but it isn't required to do this sort of reduction evenly across the entire business.
  - greedo 8y ago
    The firing of the receiving managers and other positions were system-wide. Didn't matter what the store sales were, they lost these positions. At the store near where I live, they often have only 4 employees working at a time, for a very busy location. One at the register, one at the Cafe, one manager, and one bookseller. So good luck if you get a large group of customers who don't want to wait 30 minutes to purchase their books, much less find them on the shelves. It's a death spiral...

greedo 8y ago

Nonsense. If you can't properly staff a location, then you close that location. What B&N has done is made a system-wide staffing reduction. So now busy stores have fewer employees to help customers. This ends up hurting sales in all stores, ending in a death spiral. B&N management has been incompetent for the better part of a decade; Riggio is mostly to blame since he can't seem to either delegate or let go.

jeremymcanally 8y ago
Unless they targeted higher numbers of experienced staff at said slow stores where their higher pay and experience didn't result in significantly higher sales and largely left experienced staff at busy stores in place. I have no clue if that's how it was done, but it isn't required to do this sort of reduction evenly across the entire business.
- greedo 8y ago
  The firing of the receiving managers and other positions were system-wide. Didn't matter what the store sales were, they lost these positions. At the store near where I live, they often have only 4 employees working at a time, for a very busy location. One at the register, one at the Cafe, one manager, and one bookseller. So good luck if you get a large group of customers who don't want to wait 30 minutes to purchase their books, much less find them on the shelves. It's a death spiral...