2 people have now told me that layoffs are coming in 2018. One is looking for another job already cuz he's got no kids and can move. What have you heard?????????
Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at Lifetouch. The comment form is located near the bottom of the page.
Topics regarding layoffs at Lifetouch
My ESOP account has lost almost 50% in the past year or two. Does anyone know what they are planning to do about our retirement accounts? I am worried that the ESOP stocks are going to end up worthless. Shutterfly's stocks almost doubled overnight... read more
The entire Corporate Communications department, including the video production group, was terminated in April. Also some people in the field.
Continued decline of the portrait business.
This is in addition to the closure of the publishing plant in Kansas City in 2014, closure of two photo plants in Tennessee in 2012, and closing of two plants in Tulsa in 2009. Lifetouch's ESOP has barely grown in years. Continued mismanagement will... read more
people are overworked, we need more workers, we cannot lay people off when we do not have enough people to finish work that we have. people work weekends and lifetouch does not recognize that
Lifetouch has MANY, MANY issues internally - I would not be surprised to hear that they laid off significant number of folks - I might be wrong as I am simply basing this on a gut feel.