Lay Offs at Staples

FRAMINGHAM – Framingham-based Staples has laid off an unknown number of employees this week.

The specific number of employees is unknown, at this time.

Framingham Source contacted media relations corporate at Staples.

“We are going to decline to comment,” said Director of Corporate Communications Mark Cautela.

Several long-time employees notified Source of their lay off yesterday and today. One employee had worked at Staples for more than 2 decades. Another woman, who is pregnant, said she was laid off from her shift. It appears, based on calls from those who received pink slips, the layoffs are not just in Framingham. The notifications began yesterday, January 16.

In January 2016, Staples laid off hundreds of corporate employees.

At that time, the company issued a press release announcing it was undergoing leadership changes and streamlining its structure. There was no mention of layoffs in that press release.

In early 2016, Staples was fighting with the SEC about its planned merger with Office Dept. The estimated $6.3 billion deal later fell apart.

In February 2017, reports had Staples laying off a couple of hundred employees.

2017 was not a good year for Staples, as its stock declined and the company announced a loss of $548 million.

Later, Staples announced 70 stores would close

But also that same year, Sycamore Partners, a private equity firmagreed to acquire Staples Inc. for about $6.9 billion.

As part of the deal, Staples would become a private company.

And locally, the Town of Framingham rejected plans by Staples twice to construct apartments on property the company owns in the community.

The first vote was a rejection by Framingham Town Meeting. The most recent vote was a rejection of a proposal to build 360 apartments by the Framingham Zoning Board of Appeals.

 

Framingham Source Editor Susan Petroni

Susan Petroni Framingham Source Editor Email: editor@FraminghamSource.com Phone: 508-315-7176

Leave a Reply