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Entries in estimate (1)

Wednesday
Dec102008

Office Depot Closed 126 Stores

This just came from USA Today, According to them and I'll quote:
Office Depot plans to close 112 underperforming retail stores in North America over the next three months. In addition, 14 stores will be closed in 2009 as their leases expire or other lease arrangements are completed, it said.

The retailer will also close six of its 33 distribution centers in North America, and says it plans to open about 20 stores in 2009, down from an earlier estimate of 40.



[Via USAToday]



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Although this isn't talking about layoffs but this will greatly impact people who will be jobless due to the closings.   SO I wanted to talk about how many per store,  I estimate it will be like 20 people per store on average.   So that will be around 2,500 people will be jobless in the stores and I don't know how many people will be jobless from the distribution center.   If you want to check out my other posts just click here.  If you search my site you will find even more tips and tricks to better help you be ready for the job market.