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03-20-2009, 09:02 PM
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#1
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Matboard Maniac
Join Date: Mar 2004
Location: WA
Posts: 348
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SU! Layoffs
I just read on Shelli's blog that Stampin' Up is having to lay off employees. Nobody is immune from this economy. Here's the link: http://www.soshelli.com/ |
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03-21-2009, 10:04 AM
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#2
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Gabfest Goddess
Join Date: Jan 2009
Location: SoCal
Posts: 7,349
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oh wow that is not good news!
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03-22-2009, 04:54 AM
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#3
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Matboard Maniac
Join Date: Feb 2007
Location: Somewhere in the Appalachian Mountains
Posts: 345
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Not surprised in a way.
What I don't understand, is places even other places, not just su, is giving bonuses and such, knowing they are going to do layoffs or whatever. Just like su giving a Hawaii cruise to people who have done well. I agree they may need some incentive, but why do the all out, when the co. is down some. A Hawaiian cruise is expensive.
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03-22-2009, 05:03 AM
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#4
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Stazon Splitcoast
Join Date: Nov 2004
Location: Spokane , WA
Posts: 11,032
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probably because they were promised this and they need to follow thru....perhaps this will be the last of the "big trips"
__________________
******
Pearl
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03-22-2009, 11:15 AM
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#5
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Stazon Splitcoast
Join Date: Mar 2004
Posts: 19,230
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Plus, I imagine these types of trips are arranged far, far in advance, and certainly already paid for. Cancellation at this point wouldn't really save anything. I think, too, that this type of incentive likely adds brings in more sales volume, enough to more than compensate for the cost of the trip.
I guess I see these kinds of incentives, that are based on concrete sales figures, as being different than the "atta boy" trips given for the mere fact of having an upper management title...
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03-23-2009, 06:14 AM
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#6
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Stazon Splitcoast
Join Date: Jan 2005
Location: Ohio, trying to get Scarlet out of the dryer
Posts: 11,148
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Quote: Originally Posted by MSBetsyZ Plus, I imagine these types of trips are arranged far, far in advance, and certainly already paid for. Cancellation at this point wouldn't really save anything. I think, too, that this type of incentive likely adds brings in more sales volume, enough to more than compensate for the cost of the trip.
I guess I see these kinds of incentives, that are based on concrete sales figures, as being different than the "atta boy" trips given for the mere fact of having an upper management title... |
I agree Betsy, these trips are earned not given and therefore not in the same category. SU! might be scaling back but I have full confidence in spending my hard earned cash there. I love their stamps and their color matching with inks, papers, ribbon etc. and will continue to do my part to boost company sales!!! |
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03-23-2009, 09:24 AM
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#7
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Stazon Splitcoast
Join Date: Dec 2004
Posts: 13,920
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I feel so badly for anyone who is laid off, but particularly "our friends" in the stamping world.
__________________ Dear Paperlicious is my blog...with a series on how I'm learning to improve my cardmaking by studying others. |
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03-23-2009, 03:12 PM
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#8
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Pearl-ExPert
Join Date: Dec 2005
Posts: 2,313
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That stinks that they have to let some people go.  On a positive note, I've read that they are in ok shape because they do not have a lot of debt.
Last edited by Tracy-Stamper; 03-23-2009 at 03:16 PM..
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03-24-2009, 03:01 PM
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#9
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Hardware Hotshot
Join Date: Jul 2005
Location: California
Posts: 4,663
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We all need to keep up our part of the whole deal - if we don't spend, there have to be cuts. I for one am all for doing my share to help out those in the stamping industry! LSS and SU!!
__________________
Cathy H
Meow is kind of like Aloha. It can mean anything.
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03-24-2009, 03:14 PM
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#10
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Stazon Splitcoast
Join Date: Jun 2004
Posts: 14,548
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Quote: Originally Posted by MSBetsyZPlus, I imagine these types of trips are arranged far, far in advance, and certainly already paid for. Cancellation at this point wouldn't really save anything. I think, too, that this type of incentive likely adds brings in more sales volume, enough to more than compensate for the cost of the trip.
I guess I see these kinds of incentives, that are based on concrete sales figures, as being different than the "atta boy" trips given for the mere fact of having an upper management title... |
Not to mention that SU! isn't in line asking for bailout $$ from Washington like the big banks and securities firms -- they operate debt-free. They're rewarding achievement and productivity, not taking investors' cash and running the company into the ground through irresponsible business practices. __________________ Rachel
Proud SU! demo and Sci-Fi Geek!
My Stampin' Up! blog
"I'm a time traveler -- I point and laugh at archaeologists." 10th Doctor, "Silence in the Library"
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03-24-2009, 05:03 PM
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#11
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Pearl-ExPert
Join Date: Dec 2004
Location: Just North of the Twin Cities
Posts: 2,545
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I'm just curious how many Demo's will be dropping after this month? That will only add to the strain
__________________ ~Valerie~
My Altered States
"If you cant be a good example then at least be a horrible warning." |
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03-24-2009, 06:20 PM
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#12
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Stazon Splitcoast
Join Date: Jun 2004
Posts: 14,548
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Quote: Originally Posted by palval77I'm just curious how many Demo's will be dropping after this month? That will only add to the strain |
April is the "pending" month for anyone who didn't make quota for the first quarter, so unless they formally contact SU! to resign no one will be dropping next week.  __________________ Rachel
Proud SU! demo and Sci-Fi Geek!
My Stampin' Up! blog
"I'm a time traveler -- I point and laugh at archaeologists." 10th Doctor, "Silence in the Library"
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03-24-2009, 06:25 PM
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#13
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Stazon Splitcoast
Join Date: Mar 2004
Posts: 19,230
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Plus, there have been a "ton" of people signing up to be demos during Sale-a-Bration, with all the deals and extra goodies going on.
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03-24-2009, 07:10 PM
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#14
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Stazon Splitcoast
Join Date: Jun 2004
Posts: 14,548
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Quote: Originally Posted by MSBetsyZPlus, there have been a "ton" of people signing up to be demos during Sale-a-Bration, with all the deals and extra goodies going on. |
I recruited and signed one of them last week!  __________________ Rachel
Proud SU! demo and Sci-Fi Geek!
My Stampin' Up! blog
"I'm a time traveler -- I point and laugh at archaeologists." 10th Doctor, "Silence in the Library"
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03-26-2009, 10:04 AM
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#15
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Rubber Obsessor
Join Date: Dec 2005
Location: Sunshine State
Posts: 167
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While I'm sad to hear that SU! has to do layoffs...I'm glad they are debt free and the company will be OK. If the economy picks up maybe they can rehire those people.
I will be doing my part and spending at least $50 with SU! this month.
__________________
flstamper2
Stamping my scrapbook pages away!
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03-26-2009, 04:30 PM
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#16
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Polyshrink Goddess
Join Date: Mar 2007
Location: Shark River Hills, NJ
Posts: 695
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Quote: Originally Posted by flstamper2
I will be doing my part and spending at least $50 with SU! this month.
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I put in my order! And I'm working on one for next month from the new mini!!! __________________
Beth
My avatar is Wit'l & Dollo- we love them!
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03-26-2009, 05:04 PM
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#17
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Insane Embellisher
Join Date: Apr 2008
Location: California
Posts: 842
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I am doing my part to support SU!
__________________
Jeannie
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