AM I NEXT? NO LOVE AT VICTORIA'S SECRET (01/19/24)

JANUARY 19, 2024 — KETTERING, OHIO CALL CENTER CLOSURE

The company is closing its 90,000-square-foot call center in Kettering, Ohio, and laying off approximately 120 employees, with all separations being completed by on or around August 3, 2024. Many of the call center workers worked remotely from home since the pandemic and the office was no longer practical.

JULY 26, 2022 — Original entry…

Reynoldsburg, Ohio-based Victoria's Secret, a specialty retailer of modern, fashion-inspired collections including signature lingerie, casual sleepwear, athleisure, fragrances, and body care products, has announced a major management restructuring following the company's separation from L Brands Inc last year.

The company is attempting to change its image from an elitist, privileged product line for chic women to a more inclusive audience, including women in plus sizes.

The restructuring impacts 160 management employees, most located at the company's Ohio headquarters.

According to chief executive Martin Waters, “Over the last year, we have progressed a thoughtful revolution of our business by redefining the VS brand and rebuilding our strategy for growth. We can now better connect with and represent our millions of customers around the globe. As a result, we have more relevant brand positioning, more compelling merchandise assortments, and a more inclusive culture that celebrates our people. With our brand revolution well underway and gaining momentum, now is the time to reimagine our leadership structure to better align with a shifting consumer landscape and become more efficient as an organization.”

"Today’s announcement of a simplified leadership structure will streamline operations, collapse silos and allow the company to optimize spend in management roles, enabling reinvestment in growth initiatives. The simplification of the organization has led to a reduction of about 160 management roles, or approximately 5% of home office headcount while providing for reinvestment in non-leadership roles focused on executing the company’s strategic initiatives."

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?