Kevin Yoder

What Was Radio Shack Thinking?

The employees let go at RadioShack did not have direct impact on Retail operations. These employees were very smart and talented individuals who supported middle and upper management.

What Was Radio Shack Thinking?

It is unfortunate that The Unknown Professor is quick to blog on a subject short on facts. My friend who is an employee at RadioShack in Fort Worth TX reports that management called a meeting of all employees who were at risk of being terminated. Management gave the employees the option of selecting the method of notifications. According to my friend, the employees selected email as the method of notification.

When the notification came via email, the employees preceded in an orderly manner to the appointed location for a meeting with Human Resource staff members who presented the severance packages, answered questions, etc. RadioShack also organized a job fair for those who lost their jobs in order for them to find other employment opportunities.

Two weeks ago when I personally met with members of RadioShack upper management, it was evident that this move, which was also communicated to RadioShack store managers and Dealer/Franchise managers in Las Vegas, would have a deep and somber effect on the RadioShack family.

If The Unknown Professor had taken the time to investigate deeper into the issue at hand, management of all corporation have an obligation to the Shareholders; and the natural tension that exists between shareholders, management, and employees has its roots in profitability. Clearly the employees terminated were not at fault, but every employee in every unprofitable company must have the foresight to prepare themselves for alternate employment opportunities should their current company right size the workforce as part of any return to profitability strategy.