TJX Lays Off 300 Hundred Employees Globally

[+Matthew S. Subscriber²]

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TJX Lays Off 300 Hundred Employees

 

FRAMINGHAM – TJX Corp, headquartered in Framingham, laid off hundreds of employees today, May 10, as part of an infrastructure and operations restructure.

 

“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,” said Doreen Thompson Vice President, Global Communications

“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,” said Thompson.

 

“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,” said Thompson.

“All I&O employees, including those whose roles have been eliminated, will have the opportunity to remain employed at TJX until August 31, 2018,” wrote Executive Vice President and CIO Mark Beyerly, in an internal memo.

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[neufuse Veteran]

I thought TJMaxx and related companies were performing really well, this just seems odd?

 

but hey why not, just outsource everything IT

[Mindovermaster Moderator]

Every small company goes down by those big monsters like WalMart.

 

In our city, we lost K-Mart, Sears, JCPenny, BostonStore, soon to be ToysRUs...

[+Matthew S. Subscriber²]

Mind, TJX is by no means small, http://tjx.com to learn more

 

Also TJX is still doing better than Walmart  

[branfont]

On 5/11/2018 at 9:17 AM, Matthew S. said:

business and help us better serve our customers around the world

There prices for products at Winners & Marshalls, basically the exact same stores are ridiculous, they are no more than a mid- to high-end thrift store that only sells new EOL products!