JUNE 23, 2020 — TJMAXX DOWNPLAYS E-COMMERCE AND BETS ON BRICKS AND MORTAR OUTLETS
It appears the company is shunning e-commerce and stopped taking online orders. It appears that the company is betting on their “treasure hunt” style of merchandising.
Original post…
Framingham, Massachusetts-based TJX Corporation, the parent company of Marshalls, TJ Maxx, HomeGoods, HomeSense and Sierra Trading Post, has eliminated 300 employees in what it calls an infrastructure and operations realignment.
Company spokesperson Dorren Thompson spun the event as a pro-growth initiative.
“As TJX continues to grow, we consistently look for ways to efficiently meet the needs of our expanding business and help us better serve our customers around the world. Today, we announced the restructuring of our global IT Infrastructure and Operations group, which eliminates approximately 300 IT positions. As part of this restructuring, certain services will transition to a third-party provider, who plans to create job opportunities for some of the people whose TJX positions will be eliminated. While we are eliminating certain positions in this area of IT, as part of our overall strategy, we are expanding in others to meet the future needs of our business. Although we believe this is the right strategy, these decisions are always difficult. We are grateful to these Associates for their contributions and dedication to the Company. We are confident that the changes we are making will ultimately better position the IT organization to support the continued growth of our Company.”
Sounds like outsourcing to me. I wonder if any of these employees were asked to sign non-disclosure agreements and train their replacements as a condition of their severance package?
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?